Results of specialized trades on primary public offering NAC Kazatomprom bonds of the first issue

28.05.02 00:00
/KASE, May 28, 02/ - Specialized trades on primary additional public offering of National atomic company Kazatomprom CJSC (NAC Kazatomprom) inscribed coupon indexed bonds of the first issue (KZ2CKY05A523; KASE official "A" listing category, KZAPb1; KZT2.3bn; 100 tenge; April 1, 02 - April 1, 07; semiannual coupon 8,5%APR), admitted into Kazakhstan stock exchange's official "A" listing category on April 1 of 2002 were held at KASE on May 28, 2002. The specialized trades were held by open trades method. This means that demands for bonds purchasing were submitted to KASE trade system at the prices suitable for the issuer only by the of NAC Kazatomprom agent on offering - Fondoviy service CJSC (Almaty). Total amount of bonds the issuer intended to offer at the trades was 3,000,000 bonds in the amount of the face value KZT300m (13.0% of the submitted issue volume). 5 KASE members took part in the specialized trades. Prices in the submitted bids varied from 95.7500% (9.6128%APR) to 96.9160% (9.3001%APR). By the results of the trades two participants purchased made four deals for purchasing 3,000,000 bonds ion the amount of discount cost KZT295,868,630.24. All deals were made at single clean (without accumulated interest) price - 96.9160% of the nominal. Yield of the offered bonds to maturity for purchaser by the results of the trades is 9.3001%APR by semiannual basis. Thus, the issuer has offered at the specialized trades the whole planned volume of bonds. 50% of the whole number of the offered bonds were bought by pension assets management companies by accumulative pension funds assets, the other 59% of bonds were bought by banks. [2002-05-28]