BANK CASPIAN JSC (Kazakhstan) informed about floatation of its debut international notes for the amount $150.0 m.
13.10.05 19:55
/KASE, October 13, 05/ - BANK CASPIAN JSC (Almaty), whose shares and
bonds are traded in Kazakhstan stock exchange's (KASE) official "А" listing
category, has informed KASE by the official letter that the bank received the
following information from Citigroup Global Markets Limited - underwriter of
debut issue of international bonds of BANK CASPIAN JSC.
In floatation of issue, which got ISIN XS0232868827 and Common Code
23286882, bids are satisfied and eurobonds are floated for the total amount
USD150.0 m. at price 99.672% from nominal value, what corresponds yield
of notes to maturity for buyer in the amount 8.0% APR. Rate of coupon
interest, which is paid on bonds twice a year, by the results of floatation is
fixed in the amount 7.875% APR. Date of bonds circulation start - October
17, 05, maturity date - October 17, 08.
Earlier it was informed, that by the decision of KASE's Council on October
10, 2005 consent was given for inclusion of the above international bonds in
KASE's official "A" listing category under CSBNe1 code. This decision
simultaneously was decision about inclusion of these securities in KASE's
official "A" listing category, which should be given effect after occurring these
securities as objects of civil rights and execution of all terms by their issuer,
established by the point 1 of article 19-2 of Listing rules.
[2005-10-13]