/REPEAT/ Subscription to Eurobonds XS2214305737 of the European Bank for Reconstruction and Development will be held on KASE on August 17

12.08.20 09:10
/KASE, August 12, 2020, August 10, 2020 news repeat/ – Kazakhstan Stock Exchange (KASE, or the Exchange) announces that an initial offering of Eurobonds XS2214305737 of the European Bank for Reconstruction and Development will be conducted in KASE trading system on August 17, 2020 by way of subscription to them. The issuer has AAA/Aaa/AAA ratings from S&P, Moody's and Fitch respectively, the outlook "Stable". Tengri Partners Investment Banking (Kazakhstan) (Almaty) (hereinafter – the Seller) will act 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 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 depends on the inflation rate in Kazakhstan. The nominal volume of the bonds planned for placement is preliminary and is subject to change on notification of the initiator of the said subscription. 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 August 17, 2020 from 09:30 to 11:00 Nur-Sultan time. Limit and market orders submitted to KASE trading system by the closed method will be accepted during the subscription. Market order execution rate is 30%. The date of providing the register of orders accepted by the Exchange to the Seller is August 17, 2020, 12:00 o’clock Nur-Sultan time; the date of providing the register of executed orders by the Seller to the Exchange is August 17, 2020, 13:00 Nur-Sultan time; the settlement date is August 19, 2020. 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. Full list of KASE members by category is available on http://www.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, details of investors’ sub-accounts in the register of accepted orders. The Rules of Conducting Subscription to Securities are available on KASE website – http://kase.kz/files/normative_base/rules_ipo_eng.pdf [2020-08-12]