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%.