/KASE, June 9, 2025/ – 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 June 10, 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): 50,983,000
Circulation start date: 30.05.25
Last circulation day: 29.05.28
Repayment start date: 30.05.28
Maturity: 3 years (1,080 days)
Coupon rate: 6.50 %
Coupon payment periodicity: twice a year
Coupon payment start dates: May 30 and November 30 annually
Time base: 30 / 360
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Subscription date: 10.06.25
Nominal placement volume, US dollar: 20,000,000
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: 10.06.25, 16:00
Date and time of settlements: 10.06.25, 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
[2025-06-09]