/KASE, May 16, 12/ – Subsidiary organization of joint-stock company ATFBank –
ATF Finance JSC (Almaty), the underwriter of the proposed Eurobond offering of
JSC "National managing holding "KazAgro" (Astana), today provided KASE with the
following press-release:
quote
JSC "National managing holding "KazAgro" announces additional parameters of
the proposed debut Eurobond issue in accordance with Reg S/Rules 144А.
Circulation term of the first Eurobond issue is 10 years, expected order book
opening date – May 17, 2013.
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Issuer: JSC "National managing holding "KazAgro"
Ratings: BBB+(S&P)/BBB (Fitch); outlook "stable"
Ranking: senior unsecured debt
Format: 144A / RegS
Term: 10 years
Put option: Put 101% in case of decreased of government
stake in Issuer share capital or in case the
approved restructuring leads to low ratings
Face value: US$200,000 x US$1,000
Listing: Irish stock exchange
Kazakhstan Stock Exchange
Law: English Law
Lead managers: HSBC Bank Plc and J.P. Morgan Securities Ltd.
Kazakhstan underwriter: JSC "ATF Finance"
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JSC "National managing holding "KazAgro" implements the government policy
on developing the agricultural sector by ensuring efficient management of
investment assets of companies within its structure.
The holding encompasses JSC "National company "Food contract corporation",
JSC "KazAgroProduct", JSC "KazAgroFinance", JSC "Agricultural credit
corporation", JSC "Fund for financial support of agriculture", JSC
"KazAgroGarant" and JSC "KazAgroMarketing".
The issuer's presentation is available at:
http://www.netroadshow.com
Password: KazAgro2013
unquote
[2013-05-16]