Kazkommerts Invest JSC (Kazakhstan) acted as organizer and sub-agent on subscription of XS0244509963 issue bonds of JPMorganChase Bank (USA)

/IRBIS, Andrey Tsalyuk, February 24, 06/ - Kazkommerts Invest JSC (Almaty) Kazakhstan investment company acted as organizer and sub-agent on subscription of XS0244509963 issue bonds of JPMorgan Chase Bank, National Association (Columbus, Ohio state). The company'smessage given to IRBIS agency today says. These bonds were issued for a total of KZT13.2 bn. on February 14 of 2006, their maturity date is February 14 of year 2016. They are denominated in Kazakhstan tenge, they have semi-annual coupon, which is paid to holders every year on February 14 and August 14. Coupon rate is "tied" to inflation rate in Kazakhstan. "This issue is the first international issue of securities in tenge on domestic market", - Kazkommerts Invest JSC's message says. The company says "the whole issue volume was successfully offered among domestic investors, mainly main pension funds of Kazakhstan. S&P assigned АА- rating to the issue. Notes passed listing on Luxemburg stock exchange, listing on KASE is expected". According to circular of bond issue, Kazinvestbank JSC (Almaty) and TuranAlem Securities JSC (Almaty) also acted as its organizers in Kazakhstan besides Kazkommerts Invest JSC. Kazinvestbank JSC is also the agent on bonds subscription in our country. [2006-02-24]