JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces the inclusion of the Company’s first issue of bonds (ISIN KZ2C00009199) in the "Debt Securities" sector of the "Main" platform of the official list of JSC "Kazakhstan Stock Exchange" ("KASE") in the "Commercial Bonds" category, based on the decision of the KASE Listing Commission that was made on 30 November, 2022 and came into effect on 01 December 2022.
The placement of the first issue of commercial bonds is expected within one month from the date of inclusion of securities in the KASE official list. The opening of trading in these bonds will be announced additionally.
The first issue of commercial bonds is registered under the following conditions:
- Type of bonds (being issued): unsecured coupon commercial bonds
- Total volume of the bond issue: 50,000,000 (fifty million) US dollars
- Number of bonds: 500,000 (five hundred thousand) pieces
- Nominal value of one bond and the currency of the nominal value: 100 (one hundred) US dollars
- Maturity date: 30 (thirty) calendar days from the issue date
- Market of planned placement: organised securities market of the KASE
- Interest rate (coupon): determined as the Secured Overnight Financing Rate (SOFR) published on the official website of the Federal Reserve Bank of New York: (https://www.newyorkfed.org/markets/referencerates/sofr) 5 (five) business days prior to the date of the first auction held for the placement of the issue in KASE's trading system, and will be fixed for the duration of the bonds.
As was disclosed in the condensed interim consolidated financial statements for the three-month and nine-month periods ended 30 September 2022, on 27 October, 2022, Kazatomprom’s Board of Directors approved four issues of the Company's commercial bonds totalling 200 million US dollars. The issue and placement of bonds will be carried out according to the Company’s short-term liquidity needs.
For more information, please contact:
Kazatomprom Investor Relations Inquiries
Botagoz Muldagaliyeva, Director, Investor Relations
Cory Kos, International Adviser, Investor Relations
Tel.: +7 7172 45 81 80 / 69
Kazatomprom Public Relations and Media Inquiries
Sabina Kumurbekova, Director, Government and Public Relations
Gazhaiyp Kumisbek, Chief Expert, Government and Public Relations
Tel.: +7 7172 45 80 22
A copy of this announcement is available at www.kazatomprom.kz.
Kazatomprom is the largest uranium producer in the world with natural uranium production in proportion to the Company's participatory interest in the amount of about 24% of the total global primary uranium production in 2021. The group has the largest uranium reserve base in the industry. Kazatomprom, together with subsidiaries, affiliates and joint organizations, is developing 26 deposits combined into 14 uranium-mining enterprises. All uranium mining enterprises are located on the territory of the Republic of Kazakhstan and when mine uranium use in-situ recovery technology, paying particular attention to best HSE practices and means (ISO 45001 and ISO 14001 certified).
Kazatomprom's securities are listed on the London Stock Exchange, the Astana International Exchange and the Kazakhstan Stock Exchange. Kazatomprom is the National Atomic Company of the Republic of Kazakhstan, and the main customers of the group are operators of nuclear generating capacities, and the main export markets for products are China, South and East Asia, North America and Europe. The Group sells uranium and uranium products under long-term and short-term contracts, as well as on the spot market directly from its corporate centre in Astana, Kazakhstan, as well as through a trading subsidiary in Switzerland, Trading House KazakAtom (THK).
For more information, please, visit our website http://www.kazatomprom.kz
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