Faeton Company on October 26 raised KZT1.1 bn on KASE selling bonds KZP01Y07F486 (KZ2P00003874, FATNb1) with YTM of 13.49 % APR
/KASE, October 26, 2017/ – A special trading session for the offering of bonds KZP01Y07F486 (KZ2P00003874, KASE alternative market, category "bonds", FATNb1; KZT1,000, KZT4.5 bn; May 24, 2017 – May 24, 2024; 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 limit: 1 / 1 Volume of active orders*, mln tenge: 1,057.0 Bid to ask, %: 100 "Clean" price on orders submitted, % (on all / on active) 100.0000 Yield on orders submitted, % APR (on all / on active) 13.4932 -------------------------------------------------------------------------------- * 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: 1,057,000,000.0 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: 13.4932 --------------------------------------------------------- ----------------------
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: October 26, 2017
Term to maturity: 6.6 years (2,368 days)
Declared volume at face value, mln tenge: 1,000.00
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order acceptance time: 11:30–12:30
Order confirmation time: 11:30–13:00
Striking time: 14:30 (T+0)
Payment date and time: October 26, 2017,
14:30 (Т+0)
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Order execution method: at prices of limit counter
orders equal to the cut-off
price or those more
favorable for the seller;
by the time of acceptance
of offset orders by
the Exchange
Trade initiator: Eurasian Capital (Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_Alt
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[2017-10-23]