/KASE, June 12, 14/ – Kazakhstan Stock Exchange (KASE) based on a notice from
"Halyk Finance", a subsidiary of Halyk Bank of Kazakhstan, JSC (Almaty), which
is the joint lead manager and book-runner of the Eurobond issue by National
company "Kazakhstan Temir Zholy" JSC, notifies of resuming acceptance of orders
from KASE members to participate in the proposed offering of Eurobonds by
National company "Kazakhstan Temir Zholy" JSC being issued and registered in
compliance with the legislation of a foreign state.
Below are parameters of the mentioned notes as well as the procedure of offering
of notes for purchase in Kazakhstan provided to KASE by "Halyk Finance", a
subsidiary of Halyk Bank of Kazakhstan.
quote
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
AUSTRALIA, CANADA OR JAPAN
JSC "Kazakhstan Stock Exchange" announces reopening of order collection from
the KASE's members for participation in a proposed two-tranche Eurobond offering
of JSC "National Company "Kazakhstan Temir Zholy" (the "Issuer"), registered in
compliance with the legislation of a foreign state (the "Notes").
Collection of orders from potential investors on Kazakhstan regulated market
starts simultaneously with the placement of the Notes on the territory of a
foreign state, and on the same pricing terms, taking into account specifics
inherent to the relevant securities markets.
NOTES:
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Issuer: JSC "National Company "Kazakhstan
Temir Zholy"
Guarantors: JSC "Kaztemirtrans" and JSC "Lokomotiv"
Ranking of each tranche: Senior unsecured Notes
Distribution of each tranche: In reliance on Regulation S under the US
Securities Act; TEFRA C
Denomination of each tranche: CHF 5,000 and integral multiples thereof
Tenor of the 1st tranche: 5 years
Tenor of the 2nd tranche: 8 years
Maturity of the 1st tranche: 20 June 2019
Maturity of the 2nd tranche: 20 June 2022
Pricing (area) of the 1st tranche: At par (yield of 2.590%,
Mid-Swaps + 224 bps area)
Pricing (area) of the 2nd tranche: At par (yield of 3.638%,
Mid-Swaps + 280 bps area)
Expected ratings of each tranche: BBB- (S&P), Baa3 (Moody's), BBB (Fitch)
Currency: Swiss Franc
Additional information:
The English version of the preliminary offering
circular can be found at the KASE's website at
http://www.kase.kz/files/emitters/TMJL/tmjlf9e2_2014.pdf
Issuer:
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PROCEDURE FOR OFFERING OF THE NOTES IN KAZAKHSTAN:
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Date of order collection: 12 June 2014
Starting time for order collection: 10:30 Almaty time
Ending time for order collection: 19:00 Almaty time
Method of order submission: closed
Expected date for announcement 13 June 2014
of final price and allocations:
Settlement date: 20 June 2014
Settlement conditions: When submitting his order the investor shall
ensure sufficient funds on its brokerage
account with JSC Halyk Finance or confirm in
writing the availability of trade lines with
either of Credit Suisse AG, UBS AG,
Deutsche Bank AG or HSBC Bank PLC,
as well as provide the necessary
payment instructions.
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The orders filled in per the form published on the KASE's website (at
http://www.kase.kz/files/mix/tmjle_order_form_020614.doc), must be signed and
sent to: KASE Trade Department, 050000, Almaty, 280 Baizakov st., BC "Almaty
Towers", northern tower, 8th floor with copies faxed to +7 (727) 237 6020 and
emailed to trade@kase.kz.
Credit Suisse, Deutsche Bank, Halyk Finance, HSBC and UBS act as Joint-Lead
Managers, and Tsesna Capital acts as Co-Manager.
For more information please contact the following representatives of JSC Halyk
Finance and JSC Tsesna Capital:
Farkhad Okhonov, tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail:
F.Okhonov@halykfinance.kz
Oleg Khvan, tel. 8 (727) 330-09-82, fax 8 (727) 259-05-93, e-mail:
O.Khvan@halykfinance.kz
Stanislav Li, tel. 8 (727) 244-65-37, fax 8 (727) 259-05-93, e-mail:
S.Li@halykfinance.kz
Anuar Zhakupov, tel. 8 (727) 311-56-75, fax 8 (727) 311-56-75, e-mail:
Zh_Anuar@tscapital.kz
This communication does not constitute, and should not be construed as an offer
to buy or invitation to purchase or acquire securities and nothing herein shall
form the basis of any contract or commitment. This communication does not
constitute an offer for sale of securities in the United States or an invitation
or an offer to the public or form an application to subscribe for securities.
The securities described herein and the guarantees in respect thereof have not
been, and will not be, registered under the United States Securities Act 1933,
as amended (the "Securities Act"), or with any securities regulatory authority
of any state or other jurisdiction of the United States and may not be offered
or sold in the United States or to, or for the account or benefit of, U.S.
Persons (as defined in Regulation S under the Securities Act) absent
registration under the Securities Act or an available exemption from it. The
securities referred to herein and the guarantees in respect thereof are in
bearer form and subject to U.S. tax law requirements. Subject to certain
exceptions, neither the securities nor the guarantees in respect thereof may be
offered, sold or delivered within the United States or to U.S. Persons. This
communication is distributed and directed only at (i) persons who are outside
the United Kingdom, (ii) investment professionals falling within Article 19 (5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(the "Order") (iii) high net worth entities, and other persons to whom it may
lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order
or (iv) persons to whom an invitation or inducement to engage in an investment
activity (within the meaning of section 21 of the Financial Services and
Markets Act 2000) in connection with the issue and sale of any securities by
the company or any member of its group may otherwise lawfully be communicated
or caused to be communicated (all such persons (i) to (iv) being referred to as
"relevant persons"). Any person who is not a relevant person should not act or
rely on this communication. Specified rating is not a recommendation to buy,
sell or hold securities and may be suspended, reduced or withdrawn at any time
at the discretion of the relevant rating agency.
unquote
[2014-06-12]