Faeton Company on November 24 raised KZT500.0 mln on KASE selling bonds KZP01Y07F486 (KZ2P00003874, FATNb1) with yield to maturity of 13.50 % APR

24.11.17 18:06
/KASE, November 24, 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 Kazakhstan Stock Exchange (KASE) trading system today. Below are parameters of the bid and results of the special trading session. BID PARAMETERS: -------------------------------------------- --------------------------- Number of participants: 1 Number of orders submitted (total / active), 1 / 1 only limit orders Volume of active orders*, mln tenge: 500.0 Bid to ask, %: 100 "Clean" price on orders submitted, % 100.0000 (on all / on active ones) Yield on orders submitted, % APR 13.5000 (on all / on active ones) ------------------------------------------------------------------------ * 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: 500,000 Volume of orders executed, tenge: 500,000,000.0 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: 13.5000 -------------------------------------------- --------------------------- According to Central Securities Depository (Almaty), the deal on this placement was executed by the end of settlements by trade results. OFFERING TERMS: -------------------------------------------- --------------------------- Trade date: November 24, 2017 Current maturity: 6.5 years (2,340 days) Declared volume at face value, mln tenge: 500.00 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: November 24, 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 offset 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 ------------------------------------------------------------------------ [2017-11-24]