NAC Kazatomprom announces offering of commercial bonds KZ2C00009199 (KZAPb3) on KASE

26.12.22 16:38
/KASE, December 26, 2022/ – NAC Kazatomprom JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated December 26, 2022: quote JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company") announces the placement of the Company's first issue of bonds (ISIN KZ2C00009199) in the "Debt Securities" sector of the "Main" platform of JSC "Kazakhstan Stock Exchange" ("KASE") in the "Commercial Bonds" category on December 23, 2022. The placement of the first issue of commercial bonds is made under the following conditions: - Type of bonds (being issued): unsecured coupon commercial bonds - Total volume of the bond issue: 50,000,000 (fifty million) US dollars - Number of bonds: 500,000 (five hundred thousand) pieces - Maturity date: 30 (thirty) calendar days from the issue date - Nominal value of one bond and the currency of the nominal value: 100 (one hundred) US dollars - Interest rate (coupon): 4.32% (determined as the Secured Overnight Financing Rate (SOFR) published on the official website of the Federal Reserve Bank of New York: (https://www.newyorkfed.org/markets/referencerates/sofr) as of 15 December 2022) - Yield to maturity: 4.60% - Clean price: 99.9768% - Total placement amount: 49 988 400 (forty-nine million nine-hundred and eighty eight thousand and four hundred) US Dollars As was disclosed in the interim consolidated financial statements and notes for the three and nine month periods ended 30 September 2022, on 27 October 2022 Kazatomprom's Board of Directors approved four issues of the Company's commercial bonds totalling 200 million US dollars. The issue and placement of bonds will be carried out according to the Company’s short-term liquidity needs. unquote The complete press release is available on KASE website – https://kase.kz/files/emitters/KZAP/kzap_relizs_261222.pdf [2022-12-26]