ForteBank raises KZT44.0 bn through subscription on KASE placing bonds KZ2C0M76F918 (KZ2C00004364, ASBNb30)

/KASE, September 19, 2018/ – As announced earlier, an initial offering of bonds KZ2C0M76F918 (KZ2C00004364, KASE main market, category "bonds", ASBNb30; KZT1,000, KZT220.0 bn; September 13, 2018 – December 15, 2024, annual coupon 4.00 % APR, 30/360) of ForteBank (Astana) was conducted in the module "Subscription" of trading system of Kazakhstan Stock Exchange (KASE, or the Exchange) today by way of subscription to them. ForteBank (Astana, hereinafter – the Seller) acted as the seller during the subscription to said bonds. Orders for the subscription were collected on September 19, 2018 from 11:30 to 14:00 o'clock (Almaty time). The face value of bonds offered – KZT44,000,000,000.0. The "dirty" price of bonds in percentage of the face value and the number of bonds in pieces were indicated in orders. The subscription conditions contained no restrictions for buyers with regard to the maximum number of bonds in orders submitted. By the end of orders collection, one order for the entire offered volume arrived in KASE trading system. The order was acknowledged active. The "dirty" price in the order submitted made up 100.0667 % per bond. Based on the offering results, the order was executed in full. Hence, the issuer sold 44,000,000 bonds at a "dirty" price of 100.0667 %, in the amount of KZT44,029,348,000.00. According to data from the Central Securities Depository (Almaty) the deal based on results of the subscription to said bonds by the moment of release of this information was settled, the subscription was completed. [2018-09-19]