/KASE, May 13, 13, the last paragraph was added/ – ATFBank Subsidiary –
ATF Finance (Almaty), the underwriter of upcoming issue of National Management
Holding KazAgro (Astana) international bonds, provided to KASE the following
information message:
quotation
National Management Holding KazAgro announces upcoming offering of Eurobonds
in compliance with Regulation Reg S/Rules 144А.
On April 19, KazAgro Board of Directors approved the program of Eurobonds
Issue within USD2 billion for 15 years. Under the issue the offering will
make up USD1 billion.
The funds received through the securities offering will be allocated for
financing such investment programs as stabilization of the grain market
in 2013-2014, support of agro-industrial entities, and replacement of
more costly funding sources.
HSBC Bank Plc and J.P. Morgan Chase Bank are lead managers, ATF Finance
is Kazakhstan underwriter.
International Rating Agencies S&P and Fitch Ratings assigned to the upcoming
bonds issue the preliminary long-term foreign currency rating at "BВВ+" and
"BВВ", accordingly. The Outlook – "Stable".
National Management Holding KazAgro implements the government policy on
development of agro-industrial complex of Kazakhstan through ensuring
efficient management of its affiliated companies investment assets.
National Management Holding KazAgro composition enter JSC National
Company Food Contract Corporation, JSC KazAgroProduct, JSC KAzAgroFinance,
JSC Agrarian Credit Corporation, JSC Fund of Agriculture Financial Support,
JSC KazAgroGarant and JSC KazAgroMarketing.
The Issuer presentation is available at
http://www.netroadshow.com
Password: KazAgro2013
ends
[2013-05-13]