/KASE, October 30, 2024/ – Kazakhstan Stock Exchange (KASE) announces
that an initial offering of bonds KZ2D00012531 (KASE main market, category
"bonds", BIGDb2) of the Private company BI Development Ltd. (Almaty) by
subscription to them on the terms and conditions below (Astana time) will be
held in KASE's trading system on October 31, 2024.
Subsidiary of Halyk Bank of Kazakhstan "Halyk Finance" JSC (Almaty) acts as
the subscription initiator.
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Type of security: coupon bonds
ISIN: KZ2D00012531
KASE trade code: BIGDb2
Face value, US dollar: 100,00
Issue volume, US dollar:
– registered: 15,000,000
– outstanding (at face value): –
Circulation start date: date of the first successful
trades on bond offering
Last circulation day: will be determined later
Repayment start date: will be determined later
Circulation term: 2 years (720 days)
Coupon rate: will be determined
based on results of 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: 31.10.24
Volume of bonds being offered, US dollar: 15,000,000
Type of purchase orders: limit and market
Order acceptance time: 10:00–14:30
Date and time of transactions: 31.10.24, 16:30
Date and time of settlement: 31.10.24, 16:30
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Joint underwriters are Subsidiary of Halyk Bank of Kazakhstan "Halyk Finance"
JSC, BCC Invest JSC (Subsidiary of Bank CenterCredit JSC) and First Heartland
Jusan Invest JSC.
Orders for the purchase of the specified bonds can be submitted by retail
investors – citizens of the Republic of Kazakhstan, institutional investors –
residents of the Republic of Kazakhstan, as well as investors – non-residents of
the Republic of Kazakhstan (both retail and institutional).
If the volume of demand exceeds the volume of bonds offered within the
subscription, then execution of submitted orders (in full or in part) will be
carried out at the discretion of the issuer. In this case, when deciding to
execute any order (in full or in part), among other things, the issuer will
take into account the volume of the submitted order and the price (coupon)
specified in the order.
The price in the order must be the coupon rate as a percentage per annum of the
face value of the bond, denominated with accuracy of up to the second decimal
place.
According to the terms of this subscription, the list of additional information
about the investor disclosed to the Seller of the said bonds includes the
following information:
1) last name, first name, patronymic (if any) of an individual or the name of a
legal entity;
2) IIN of an individual or BIN of a legal entity;
3) name of the broker/member of KASE who submits his own order or client
order;
4) type of investor (individual or legal entity).
Subscription orders are submitted only through KASE members of the "stock"
category. The full list of KASE members by category is published at
http://kase.kz/en/membership
Settlements are carried out by Central Securities Depository JSC.
The Rules for subscription to securities are published at
http://kase.kz/files/normative_base/rules_ipo_eng.pdf
More detailed information about this bond issue is published at
https://kase.kz/en/bonds/show/BIGDb2
[2024-10-30]