NSC of Kazakhstan received on approval report on emission and offering results of bonds issued by KazTransOil CJSC
14.06.01 00:00
/IRBIS, June 14, 01/ - Public relation department of National Securities
Commission (NSC) informs that on June 13, 2001, NSC received on
approval the report on emission and offering results of bonds issued by
NOTC KazTransOil CJSC (first emission, KZ73LAONAA35, official list of the
KASE securities, category "A", trade code - KZTOb, face value - $100;
volume of emission - $30.0m; circulation period - Oct 23, 00 - Oct. 23, 03;
semiannual coupon at 9.0% APR, current market rate - 10.0%). The amount
stated in the report equals $26,146,392.04.
By the beginning of 2001, floated amount of emission equaled $25,010.0 th.
(83.4% of the announced volume). Offering term is three years from interest
accrual date or equal to circulation period. Meanwhile, the issuer did not
intend to offer the whole amount of bonds in 2000. Considering volume of
accrued interest, the emission was not floated ion full volume. Thus, the
issuer did change plans.
As of Jan.01, 2001, (data of official the company' consultants) 46% of floated
volume were bought by pension assets management companies (PAMC),
banks - 53%, other investors - 2%.