/KASE, June 19, 2019/ – As announced earlier, an initial offering of Eurobonds
XS2012983693 of the European Bank for Reconstruction and Development is
conducted in the trading system of Kazakhstan Stock Exchange (KASE, or the Exchange)
today by way of subscription to them. These bonds will mature in seven years.
The issuer has AAA/Aaa/AAA ratings from S&P, Moody's and Fitch respectively,
the outlook "Stable".
Tengri Capital MB (hereinafter – the Seller) acts as the seller during the
subscription to these bonds.
The nominal volume of bonds being offered – up to KZT60,000,000,000.
A price in an order should stipulate the value of a fixed margin to the semi-annual
coupon rate as percentage of the face value of the bond denominated with accuracy
of up to the second decimal place. In the case of market bids, the "market yield"
is indicated as the price. The semi-annual coupon rate depends on the inflation
rate in Kazakhstan.
The number of financial instruments in an order must be represented by the
nominal volume in tenge. The minimum lot is KZT1,000.
Orders for the subscription will be received on June 19, 2019 from 11:00 to
13:00 o'clock, Almaty time (ALT). Limit and market orders submitted to KASE
trading system by the closed method will be accepted during the subscription.
Market order execution rate – 30 %.
The date of providing the register of orders accepted by the Exchange to the
Seller is June 19, 2019; the date of providing the register of executed orders
by the Seller to the Exchange is June 19, 2019; the settlement date is June 21,
2019. Settlements are carried out by the Central Securities Depository JSC.
Orders for participation in the subscription are submitted to the Exchange only
through KASE members of "stock market" category. The full list of KASE members
by category is available on
http://kase.kz/en/membership
According to this subscription's terms the additional information on the
investor disclosed to the Seller of said bonds must include the surname, first
name, patronymic (if available) of an individual or the name of a legal entity.
The Rules of Subscription to Securities are available on KASE website –
http://kase.kz/files/normative_base/rules_ipo_eng.pdf
[2019-06-19]