Kazakhstan Kagazy to Place Bonds Within Unlimited Circle of Investors
OREANDA-NEWS. On September 16, 2008 Kazakhstan Kagazy (Almaty obl, further – the Company), bonds of which are traded in the official list of Kazakhstan Stock Exchange (KASE) of the first sub-category of category "Non-Rated debt Securities", informed KASE in an official letter that the Company Directors made a decision to place within an unlimited circle of investors bonds KZ2C0Y05D117 (KKAGb4; KZT100; KZT12.0 bn.; 29.08.08 - 29.08.13, semiannual coupon 12.00 % APR, 30/360), reported the press-centre of KASE.
According to the provided information the number of bonds to be placed equals to 120,000,000 items.
The price of placement of one bond is determined depending on demand parameters on the stock market at the moment of placement.
Kazakhstan Kagazy additionally informed that this information is to announce the beginning of placement of bonds KZ2C0Y05D117, however not the fact of the placement.
The bonds were included in the official list of KASE August 29, 2008. Trades in these shares are not open.
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