/KASE, November 22, 13, November 21, 13 news repetition/ – Kazakhstan Stock
Exchange (KASE) based on a notice from Halyk Finance, a subsidiary of Halyk
Bank of Kazakhstan (Almaty), which is the joint lead manager and book-runner of
the Eurobond issue by National company Kazakhstan Engineering, notifies of the
beginning of acceptance of orders from KASE members to participate in the
proposed offering of Eurobonds by National company Kazakhstan Engineering
being issued and registered in compliance with the legislation of a foreign
state.
Below are parameters of the mentioned notes as well as the procedure of
offering of notes for purchase in Kazakhstan provided to KASE by Halyk Finance,
a subsidiary of Halyk Bank of Kazakhstan.
quote
Herewith Kazakhstan Stock Exchange notifies of the start of accepting from
Exchange members of orders for participation in the proposed initial offering of
Eurobonds by National company Kazakhstan Engineering (the Issuer) registered
in compliance with the legislation of a foreign state (Notes).
Acceptance of orders from prospective investors on Kazakhstan's regulated
market will begin simultaneously with the offering of the Notes on the territory
of the foreign state, on the same terms of Notes pricing as during their
offering on the territory of the foreign state, taking into account possible
specifics inherent to relevant securities markets.
NOTES PARAMETERS:
-------------------------------- -----------------------------------------
Issuer: National company Kazakhstan
Engineering
Notes' short description: global senior unsecured Notes issued
in accordance with Rule S
of USA Securities Act
Brief description of Notes: up to USD200,000,000
(two hundred million)
Face value of one security: USD200,000 (two hundred thousand) or
a bigger face value multiple of
USD1,000 (one thousand)
Expected circulation term: 3 years
Indicative yield at offering: 4.50% – 4.875%
Expected ratings: BBB- (Fitch) / Ba2 (Moody's)
Securing: unsecured
Currency of issue and servicing: US dollar
Additional information: the Notes' issue prospectus in English is
available on Kazakhstan Stock Exchange
website at
http://www.kase.kz/files/emitters/KZEN/kzenf4e_2013_e.pdf
--------------------------------------------------------------------------
PROCEDURE OF OFFERING NOTES FOR PURCHASE IN KAZAKHSTAN:
--------------------------------------------------------------------------
Order acceptance days: November 21-22, 2013
Order acceptance beginning time: November 21, 2013, from 16:00
to 18:00 o'clock (Almaty time) and
November 22, 2013, from 09:00 to
16:00 o'clock (Almaty time)
Order acceptance end time: November 22, 2013, 16:00 o'clock
(Almaty time)
Order submission method: closed
Expected date of price fixing November 22, 2013
and volume of investor
orders satisfaction:
Expected settlement date: December 3, 2013
Settlement terms: As of order submission date the
Buyer of Notes must ensure
availability of money payable for
notes purchased in the brokerage
account at Halyk Finance or confirm in
written availability of
operational facilities
with UBS Limited
and/or VTB Capital Plc, as well
as provide all necessary instructions
for settlements.
--------------------------------------------------------------------------
Please, send your orders drawn up according to the form available on KASE
official website (
http://www.kase.kz/files/mix/kzene_order_form_211113.doc ),
to e-mail trade@kase.kz and by fax +7 (727) 237 60 20, and in hard copy in
original not later than the working day following the order collection date to
280 Baizakov str., MFC Almaty Towers, Northern Tower, 8th floor, Trade
department of JSC "Kazakhstan Stock Exchange", Almaty 050000.
With all relevant queries and for additional information please turn to the
following representatives of JSC "Halyk Finance":
Farkhad Okhonov (tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail:
FarhadO@halykbank.kz),
Oleg Khvan (tel. 8 (727) 330 09 82, fax 8 (727) 259 05 93, e-mail:
OlegH@halykbank.kz)
JSC "Halyk Finance", UBS Limited and VTB Capital are Joint Lead Managers
and Book-runners of the issue.
Not for distribution, directly or indirectly, in the United States of America,
Australia, Canada or Japan. This document (as well as information contained
herein) does not constitute or form a part of an offer of Securities for sale in
the United States, Australia, Canada or Japan or any other jurisdictions in
which such an offer would be deemed unlawful. Securities to which this document
refers have not been and shall not be registered according to the U.S.
Securities Act of 1933, as amended (the "Securities Act"), and may not be
offered or sold in the United States or at the account or in favour of persons
in the United States, unless these securities were registered or are exempt
from registration as provided in the Securities Act. At the same time there is
no intention to conduct a public offering of Securities in the United States.
This communication is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order") or (iii) high net worth
entities, and other persons to whom it may lawfully be communicated, falling
within Article 49(2)(a) to (d) of the Order (all such persons together being
referred to as "relevant persons"). Any investment activity to which this
communication is related will be available only to relevant persons. Any person
not being a relevant person should not act or rely upon this document or its
contents.
Then rating is not a recommendation to buy, sell or hold securities and can be
reviewed, suspended or withdrawn by the rating agency at any time.
unquote
[2013-11-22]