/KASE, April 16, 2019/ – Kazakhstan Stock Exchange (KASE, or the Exchange)
announces that "On 23 April a subscription will be conducted on KASE for
international inflation-linked bonds maturing in 2024 XS1982112069 of the
European Bank for Reconstruction and Development, which currently has an issuer
rating of AAA/Aaa/AAA (Standard and Poor's/Moody's/Fitch) all with stable outlook.
The international bonds XS1982112069 will be documented under the Global
Medium-Term Note Programme of the European Bank for Reconstruction and
Development and governed by English Law.
Kazakhstan Stock Exchange (KASE or the Exchange) informs that on April 23, 2019,
KASE will hold a primary placement of international bonds XS1982112069 of the
European Bank for Reconstruction and Development through subscription.
Tengri Capital MB, JSC (hereinafter referred to as the Seller) acts as a Seller
when conducting a subscription.
The nominal volume of to be placed bonds is up to 60,000,000,000 tenge.
A price in a bid should stipulate the value of a fixed margin to the semi-annual
coupon rate as percentage of the face value of the bond with accuracy of up to
second decimal place. In the case of market bids, the "market yield" is
indicated as the price. The semi-annual coupon rate is calculated with
reference to the monthly Kazakhstan Consumer Price Index.
The nominal amount in tenge should be indicated as the quantity of financial
instruments in the application. The minimum lot is 1 000 tenge.
Reception of the bids for the subscription will be held on April 23, 2019 from
11:00 to 12:30 Almaty time (ALT). Subscription permits both limited and market
orders, submitted to the KASE trading system in a closed manner. The degree
of satisfaction of market orders - 30%.
The date of providing the Seller with the register of submitted bids by the
exchange is April 23, 2019; the date of the provision of the register of
satisfied bids by the Seller to the Exchange's is April 23, 2019; the settlement
date is April 25, 2019. Settlement is carried out by Central Securities
Depository JSC.
Orders for participation in the subscription are submitted to the stock exchange
only through KASE members of the "stock" category. The full list of KASE members
by category is published at
http://kase.kz/en/membership
According to the terms of this subscription, the last name, first name and
patronymic (if available) of an individual or the name of a legal entity are
provided as additional information about the investor disclosed to the Seller of
the bonds."
The Rules of Subscription to Securities are available on KASE website –
http://kase.kz/files/normative_base/rules_ipo_eng.pdf
[2019-04-16]