Faeton Company on May 4 raised KZT536.4 mln on KASE selling 7-year bonds KZP01Y07F486 (KZ2P00003874, FATNb1) with yield to maturity of 13.49 % APR
/KASE, May 4, 2018/ – 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: 536.4 Bid to ask, %: 100 "Clean" price on orders submitted, % 100.0000 (on all / on active ones) Yield on orders submitted, % APR 13.4946 (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: 506,000 Volume of orders executed, tenge: 536,360,000.0 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: 13.4946 --------------------------------------------------------------------------------
According to Central Securities Depository (Almaty), the deal on this placement was executed by the end of settlements by trade results.
OFFERING TERMS:
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Trade date: May 5, 2018
Current maturity: 6,1 years (2,180 days)
Declared volume at face value, mln tenge: 506.0
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order acceptance time: 11:30–12:00
Order confirmation time: 11:30–12:30
Striking time: 13:30 (Т+0)
Payment date and time: May 5, 2018, 13:30 (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
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[2018-05-04]