International bonds XS0240118017 (US_MER_e1) of Merrill Lynch & Co., Inc (USA) are removed from KASE official list from April 28

April 28, 2010 - "KASE"

 

/KASE, April 28, 10/ - By Kazakhstan Stock Exchange (KASE) Listing
Commission from April 28, 2010 international bonds XS0240118017
(US_MER_e1, $100.0 m, January 5, 06 - January 11, 21; indexed at KZT to
USD devaluation rates, depending on the inflation rate in Kazakhstan, 5.663 %
APR for the current coupon period) of Merrill Lynch & Co., Inc (New-York) were
removed from the KASE official list.

According to the KASE conclusion of April 17, 2010 by results of Merrill Lynch &
Co., Inc and mentioned bonds check up for compliance with listing requirements,
established in the Appendix to the Chairman Order of the Agency of the Republic
of Kazakhstan on Regulation of Activities of the Regional Financial Center of
Almaty "On Establishment of Requirements for Issuers, whose Securities are
Admissible or Admitted to the Official list of the Special Trading Floor of the
Regional Financial Center of Almaty, and for such Securities" of May 8, 2008
# 04.2-09/119 for Rated Debt Securities category it was detected that Merrill
Lynch & Co., Inc and mentioned bonds do not meet the market-maker existence
requirement. The mentioned bonds do not have a market-maker from
December 14, 2009 that violates the listing requirement set forth by sub-item 7)
of item 8 of the mentioned Appendix.

Based on the above stated and in compliance with sub-item 2) of item 1 of article
19 of the KASE internal document "Listing Rules" mentioned bonds were de-
listed.

Mentioned bonds were included to KASE category "A" official list from March 1,
2006, from September 1, 2008 were transferred to KASE official list Rated Debt
Securities category. Trades were opened from March 3, 2006. During bonds
circulation on KASE their yield to maturity for a buyer (on deal made by open
trades methods) varied from 7.32 to 23.48 % APT.
Share:
Issuer, issue numberBank of America, FRN 11jan2021, USD
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPrivate
Par, currency of issueUSD 100,000
Amount100,000,000
ISINXS0240118017
Start of placement12/29/2005
End of placement01/05/2006
Initial issue price100
CouponKazakhstan CPI on Tenge Notional
Coupon frequency2 time(s) per year
Settlement date01/11/2006
Maturity date01/11/2021
Issue ManagersBookrunner: Bank of America Merrill Lynch Paying agent: Deutsche Bank
Trading floorLondon S.E.
Issuer: Minfin Kazakhstana
Outstanding issues:
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150 000
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