/KASE, May 29, 2025, deadline of the order collection, concluding transactions
and making settlements has been changed at the initiative of the subscription
initiator/ – Kazakhstan Stock Exchange (KASE) announces that an initial offering
of bonds KZ2C00013753 (KASE main market, "bonds" category, KASAb1) of
Kazakhstan Electrolysis Plant JSC (Pavlodar) under the unconditional and
irrevocable guarantee of Development Bank of Kazakhstan JSC will be
conducted on May 30, 2025 in KASE's trading system by way of subscription to
them on the terms and conditions below (Astana time).
Tengri Partners Investment Banking (Kazakhstan) JSC (the Seller) (Almaty) acts
as the seller during the subscription to these bonds.
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Type of securities: secured coupon bonds
ISIN: KZ2C00013753
KASE trade code: KASAb1
Face value, US dollar: 1,000
Issue volume, US dollar:
– registered: 100,000,000
– placed (at par): –
Circulation start date: date of the first successful
trading on bond offering
Last circulation day: will be determined later
Repayment start date: will be determined later
Maturity: 3 years (1,080 days)
Coupon rate: will be determined later based on
the first successful trading on
bond offering
Coupon payment periodicity: twice a year
Coupon payment start dates: will be determined later
Time base: 30 / 360
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Subscription date: 30.05.25
Nominal placement volume, US dollar: 50,000,000
Type of purchase orders: limit and market
Order collection time: 09:30–14:30
Price per bond, US dollar: 1,000
Date and time of transactions: 30.05.25, 16:00
Date and time of settlements: 30.05.25, 16:00
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Joint underwriters are First Heartland Jusan Invest JSC, Eurasian Capital JSC,
Subsidiary of Halyk Bank of Kazakhstan "Halyk Finance" JSC, BCC Invest JSC
(Subsidiary of Bank CenterCredit JSC).
The total nominal volume of the bonds planned for placement is preliminary and
is subject to change upon notification of the initiator of the specified
subscription.
The nominal volume in US dollars must be indicated as the number of financial
instruments in the order. The lot is equal to one bond, the minimum order volume
is 1,000 US dollars.
According to the terms of this subscription, the list of additional information
about the investor disclosed to the Seller of the specified bonds includes the
last name, first name, patronymic (if any) of an individual or the name of the
legal entity.
Orders for participation in the subscription are submitted only through KASE
members of the "stock" category. The full list of KASE members by category is
available at
http://kase.kz/en/membership
Settlements are carried out by Central Securities Depository JSC.
The Rules for subscription to securities are available at
http://kase.kz/files/normative_base/rules_ipo_eng.pdf
More detailed information about this bond issue is available at
https://kase.kz/en/investors/bonds/KASAb1
[2025-05-29]