The benchmark rate of the 1st coupon on bonds “KTZ Finance” of 01 series reduced to 8.75-9.00% APR, which corresponds to yield to maturity in the area of 8.94-9.20% APR, said a source in the market.
The original indicative rate of the 1st coupon was announced in the range of 8.85-9.15% per annum.
Collection of applications the bonds of the issue will end today at 13:00 (Moscow time). The technical placement of securities on the Moscow stock Exchange is scheduled for June 13, 2017.
The Issuer plans to place by public subscription 15 million bonds with a nominal value of 1,000 rubles each. Issue amount at par is RUB 15 billion.
A maturity of 5 years, the offer can not be exhibited.
The issue complies with requirements for inclusion in the Lombard list of the Bank of Russia, according to the materials to investors.
The organizers of the issue are: “Renaissance Broker”, “Brokerage company “REGION”, JSC “Subsidiary organization of Halyk Bank “Halyk Finance”. Co-organizer, “Gazprombank.
Release provided by surety – JSC “national company “Kazakhstan Temir Zholy”.