The bonds RG BRANDS Ltd (Kazakhstan) Maturity Date of first issue second transh is updated
28.01.00 00:00
/IRBIS, Jan.28, 00/ - RG Securities LTD (Almaty, Kazakhstan) has informed
KASE that the circulation of the bonds RJ BRANDS LTD (KAZAKHSTAN)
Maturity Date of first issue second transh (Almaty, sector "Non-listing
Securities", first level of security clearance, KZ29KABK7A06, trade code -
RGBRb) begins from Jan.27, 00. The Maturity Date is July 25, 00. The
bonds redemption will be made at the Exchange's dollar average weighted
rate on July 24, 00.
It was informed earlier that January 27 the indicated bonds were allowed to
the circulation on Exchange by the decree of KASE Board in connection with
redemption of the first transh Securities. At that the authorized broker has
indicated July 24, 2000 as a Maturity Date.
The total volume of RG BRANDS bonds issue is $500,000 has been shared
into two $250,000 transhes. The insurance of the emitter liabilities is
insurance policy of the company the "BTA Insurance".
The bonds have a $100 nominal value of and 17% p.a. coupon rate, which is
paid at the transh redemption.
The bonds are placed among the investors at the nominal value taking into
account the accumulated interest at the sale date. The payment is made in
tenge at the KZT/USD average weighted market rate on the date of
transaction.