OREANDA-NEWS. May 31, 2010. National atomic company Kazatomprom (Almaty), bonds of which are listing on Kazakhstan Stock Exchange (KASE), provided KASE with a statement, reported the press-centre of KASE:

Quotation begins

NOT FOR RELEASE OR PUBLIC DISTRIBUTION IN THE USA, AUSTRALIA,
CANADA OR JAPAN

National atomic company Kazatomprom Baa3 (Moody's) and BBB- (Fitch), settled/closed the placement of 6.25 % 5-year debut Eurobonds for a total of USD500 m to record the best Eurobond issue among emerging markets. The book order reached USD4.3 bn with demand 8 times exceeding bonds available for sale.

The yield was defined May 14, 2010 after closing of the order book. The share of Kazakh investors reached 9.8 % (USD49 m).

BNP Paribas and J.P. Morgan are joint lead managers and book runners, and Halyk Finance is a Kazakhstan lead manager of the issue.

100 % shares of NAC Kazatomprom indirectly belong to the Kazakhstan Government (Baa2/BBB-/BBB-). NAC Kazatomprom is a national strategic company and uranium operator. Kazakhstan is the second in uranium reserves.