QS HOLDING RAISES KZT18.4 BN THROUGH SUBSCRIPTION ON KASE BY PLACING BONDS KZ2P00006299 (THLZb1) AT YTM OF 23.00 % APR

06.12.19, 18:47
/KASE, December 6, 2019/ – As announced earlier, on December 6, 2019 an initial offering of bonds KZ2P00006315 (QSHDb1; KZT1,000, KZT18.4 bn; 06.12.19–06.12.29; quarterly coupon 23.00 % APR; 30/360) of QS Holding LLP (Almaty) was conducted in the "Subscription" module of the trading system of Kazakhstan Stock Exchange (KASE) by way of subscription to them. Kazkommerts Securities (subsidiary of Kazkommertsbank) acted as the seller (hereinafter – the Seller) during the subscription to said bonds. Bonds with total face value of KZT18,400,000,000 (18,400,000 pieces with face value of KZT1,000) were offered. A total of two limit orders for purchase of 18,400,000 bonds with a total face value of KZT18,400,000,000.0 were submitted to the trading system, with the orders recognized as active as at the end of collection period. The price in active orders submitted made up 100 % of the face value (23.00 % APR). The bid during the subscription made up 100.0 % of the ask volume. The entire amount of active orders originated from individuals. Based on results of the trading, the issuer executed all orders, thus placing 18,400,000 bonds in a total amount of KZT18,400,000,000.0. The price in orders executed made up 100 % of the face value, which corresponds with the yield to maturity of 23.8 % APR. According to the Central Securities Depository (Almaty), all deals based on results of the subscription to said bonds, were settled, the subscription was finished. More details of said bond issuance are available on KASE website at https://kase.kz/en/bonds/show/QSHDb1/ [2019-12-06]