Faeton Company on May 24 raised KZT1 bn on KASE selling bonds KZP01Y07F486 (KZ2P00003874, FATNb1) with yield to maturity of 13.50 % APR
/KASE, May 24, 2017/ – A special trading session to offer bonds KZP01Y07F486 (KZ2P00003874, KASE official list, category "other debt securities", FATNb1; KZT1,000, KZT4.5 bn; May 24, 2017 – May 24, 2024, fixed semi-annual coupon, 13.50 % p.a.; 30/360) of Faeton Company (Almaty) was held in KASE trading system today. Below are bid parameters and results of the special trading session.
BID PARAMETERS:
--------------------------------------------------------- ---------------------- Number of participants: 1 Number of orders submitted (total / active), only limited 1 / 1 Volume of active orders*, mln tenge: 1,000.0 Bid to ask, %: 100 "Clean" price on orders submitted, % (on all / on active) 100.0000 Yield on orders submitted, % APR (on all / on active) 13.5000 -------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. OFFERING RESULTS: --------------------------------------------------------- ---------------------- Volume of orders executed, bonds: 1,000,000 Volume of orders executed, tenge: 1,000,000,000.00 Number of orders executed: 1 Volume of orders executed, % of plan: 100 "Clean" price in orders executed, % 100.0000 Yield of bonds to maturity for buyer, % APR: 13.5000 --------------------------------------------------------- ----------------------
According to Central Securities Depository (Almaty), all deals on this placement were executed by the end of settlements by trade results. OFFERING TERMS:
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Trade date: May 24, 2017
Term to maturity: 7 years
Declared volume at face value, tenge: 1,000,000,000.00
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limited
Market order acceptance ratio, %: 0
Order submission method: closed
Order acceptance time: 11:30–12:30
Order confirmation time: 11:30–13:00
Striking time: 14:30
Payment date and time: May 24, 2017 before
14:30 (Т+0)
Order execution method: at cut-off price
Order execution method: at prices of limited
counter orders equal
to the cut-off price
or those more
favorable for the
seller
Trade initiator: Eurasian Capital
(Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Corp_ST1
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[2017-05-24]