Kazakhstan Electrolysis Plant on May 30 raised $51.0 mln on KASE via subscription by placing three-year bonds KZ2C00013753 (KASAb1) at 6.50 % APR

/KASE, May 30, 2025/ – An initial offering of bonds KZ2C00013753 (KASE main market, "bonds" category, KASAb1; $1,000; $100.0 mln; 30.05.25 – 30.05.28; 30/360) of Kazakhstan Electrolysis Plant JSC (Pavlodar) was held in the trading system of Kazakhstan Stock Exchange (KASE) today by way of subscription to them. Below are parameters of the bid and results of the subscription. Tengri Partners Investment Banking (Kazakhstan) JSC (Almaty) acted as the seller during the subscription to these bonds. ------------------------------------------------------------------------------------ BID PARAMETERS: ---------------------------------------------------------- ------------------------- Number of participants: 7 Number of participants' accounts: 83 Number of orders submitted (all / active ones), 90 / 85 incl.: – limit: 90 / 85 – market: 0 / 0 Volume of active orders*, mln USD: 51.0 incl.: – limit: 51.0 – market: 0.0 Volume of active orders, equivalent in mln tenge 25,966.7 at the rate of the National Bank of the Republic of Kazakhstan: Bid to ask: 102.0 % Weighted average rate of coupon on orders 6.5603 / 6.5089 submitted, % APR (on all / active ones): ------------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. Of the total volume of active applications, banks accounted for 22.8 %, broker-dealer organizations accounted for 2.6 %, other institutional investors – for 6.2 %, other legal entities – for 40.4 %, individuals – for 28.0 %. OFFERING RESULTS: ---------------------------------------------------------- ------------------------- Volume of orders executed, bonds: 50,983 Volume of orders executed, USD: 50,983,000.0 Volume of executed orders, equivalent in tenge 25,963,602,580.0 at the rate of the National Bank of the Republic of Kazakhstan: Number of orders executed: 79 Number of participants, whose orders 7 were executed: Number of participants' accounts: 78 Volume of orders executed, % of plan: 102.0 Rate of coupon in orders executed, % APR: 6.5000 ------------------------------------------------------------------------------------ In terms of the main categories of investors, 22.8 % of the total volume was purchased by banks, 2.6 % – by broker-dealer organizations, 6.2 % – by other institutional investors, 40.4 % – by other legal entities, and 28.0 % – by individuals. According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlements based on the results of the subscription were executed in full. OFFERING TERMS: ------------------------------------ ---------------- 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, 17:00 Date and time of settlements: 30.05.25, 17:00 ----------------------------------------------------- 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). [2025-05-30]