Issue, circulation and maturity terms of first issue bonds of NAC Kazatomprom (Kazakhstan)

/IRBIS, March 29, 02/ - Following is the characteristics of first issue indexed inscribed coupon bonds of National atomic company Kazatomprom (NAC Kazatomprom, Almaty) published in connection with their admittance into official list of securities of Kazakhstan Stock Exchange (KASE) under category "A". ----------------------------------------------------------------------------- Type of securities: indexed inscribed coupon bonds Indexation type: par value towards KZT/USD exchange rate Debt type: unsecured Issue currency: Kazakhstani tenge (KZT) Servicing currency: Kazakhstani tenge (KZT) Credit ratings of issue: absent as of issue date Credit ratings of issuer: absent as of issue date National identification number: KZ2CKY05A523 Issue number in state register: А52 Register maintenance: Fondovyi tsentr CJSC (Almaty) Date of issue registration: March 21, 02 Par value in issue currency: 100.00 Issue volume in issue currency: 2,300,000,000.00 Issue volume in securities: 23,000,000 Date of circulation start (issue date): Apr 1, 02 Floatation term: 5 years from date of bonds admittance into KASE official list Circulation term: 5 years Maturity date: Apr 1, 07 Coupon rate (interest rate): 8.5% APR of indexed par value Date of coupon payment (interest rate): October 1 and April 1 each year Time basis at all settlements: 30/360 Register fixation term at coupon payment 30 days till payment date Register fixation date for coupon payment: September 1 and March 1 each year Register fixation term at maturity: 30 days till maturity date Register fixation date at maturity: March 1, 07 Financial consultants: Fondovyi servis CJSC (Almaty) Date of admittance in trade lists of KASE: Apr 1, 02 Date of first trades: to be determined later Trade code of KASE: KZAPb1 Accuracy of price change at quoting: four decimal places Market-makers at KASE: Fondovyi servis CJSC (Almaty) Minimal volume of obligatory quotation: 400 bonds ----------------------------------------------------------------------------- Indexed par value of a debt is calculated as a multiplication of par value by devaluation temp coefficient (revaluation) of tenge. Coefficient of devaluation (revaluation) temp (Kd) is calculated as a ratio of current weighted average exchange rate of USD (Xt), specified at morning (main) session of KASE, to similar rate (Xo) for bonds circulation starting date (Kd=Xt/Xo). Persons who acquired bonds not later than 30 days prior to coupon payment date have a right for receiving of coupon payments on bonds and par value of debt. If date of coupon payment or maturity date is not working day then payment is made on next working day. Holder has no right to demand compensation for such delay in payment. Coupon payment is calculated as a multiplication of indexed for payment date coupon of par value of bonds, coupon rate and number of days in coupon accrual period divided by 360. Bonds repayment will be realized at indexed for maturity date par value of debt. The issuer can buy the bonds back at any time on open market or in other manner at any price. All bonds, that matured or bought this way, are canceled and can not be reissued or sold back. Funds raised through bonds issue will be used to develop new fields and existing mines. [2002-03-29]