SkyBridge Invest announces offering debut issue of AstanaGas KMG bonds KZP01Y15G081 (KZ2C00005676; AKMGb1) on KASE

14.12.18 15:02
/KASE, December 14, 2018/ – SkyBridge Invest (Almaty), the initiator of conducting a special trading session for the offering of bonds KZP01Y15G081 (KZ2C00005676; AKMGb1) of AstanaGas KMG JSC, has provided Kazakhstan Stock Exchange (KASE) with the following press release: quote On December 13, 2018 AstanaGas KMG JSC successfully placed the first bond issue, denominated in the national currency, to a total amount of KZT85 bn listed on Kazakhstan Stock Exchange JSC. AstanaGas KMG – subsidiary of "SWF "Samuryk – Kazyna" and Baiterek Venture Fund, holding an international issuer rating at level "BВ" with a "Stable" outlook from Fitch Ratings and national long-term rating "А(kaz)". The underwriter and financial consultant on the deal was "SkyBridge Invest" JSC. As a result of the special trading session, the overall yield of the bonds was fixed at 10.0% APR. The purpose of the raised funds is the financing of the Project "Construction of the main gas pipeline "Saryarka", part of the five social initiatives, pronounced as tasks by the Head of state in his Address to Kazakhstan's people of March 5, 2018. The launch of the construction of the main gas pipeline occurred on December 11, 2018 as part of the Industrialization Day. The main gas pipeline "Saryarka" will run along the itinerary Kyzylorda-Zhezkazgan-Karagandy- Temirtau-Astana. Sholpan Ainabaeva, Chairman of the Management Board of "SkyBridge Invest" JSC: "Of course, this Project has great social importance for the entire country. Funding of such projects through issue of bonds witnesses of the expanding role of the stock market in the funding of the economy. SkyBridge Invest highly appreciates results of this offering". Reference information: AstanaGas KMG JSC – the company is the successor of AstanaGas KMG LLP, established in 2010 for purposes of gasification of the country's northern regions and the city of Astana and being the customer and coordinator of the project "Construction of the main gas pipeline "West-North-Centre". "Skybridge Invest" JSC (SBI) – an investment company offering a broad range of services on the capital markets. It was established in 2003 as a Portfolio manager and it created the first unit investment trusts in Kazakhstan; it is part of the group of companies "SB Capital". SBI is a professional participant of the securities market, having a license for carrying out of activities on the securities market, issued by the National Bank of the Republic of Kazakhstan. SBI has accreditation on the IFCA since April 23, 2018. unquote [2018-12-14]