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On December 15, 2006 for the purpose of expanding the Company’s activity the Board of Directors of Astana Finance JSC approved the decision to conclude the 2-Year Loan Agreement in the amount of KZT 6 400 million according to which Citibank N.A. is acting as an Organizer.
On Astana Finance JSC successfully placed US$175 000 000 of five-year Notes paying a coupon of 9.000%. The bond was issued by Astana Finance B.V., a Dutch subsidiary of the Company, under the guarantee of Astana Finance JSC and "Leasing Company Astana Finance" JSC. JPMorgan investment bank acted as a sole bookrunner and lead manager for the deal.
In the course of nine years Astana Finance JSC operates successfully in the market of financial and investment services. During this period Astana Finance JSC was recognized as a reliable partner providing a broad range of financial services of a high quality.
The top place under the category " A Leading Institution in Corporate Governance in Emerging Europe " is an evidence of openness and impeccability of the Company’s management.
UIF "Astana Finance Bereke" has the following parameters
On issuance of the unconditional and irrevocable Guarantee in securing of obligations’ execution of 100% affiliate Astana Finance B.V., increase of liabilities, conclusion of transactions with interested parties
The increase in share capital will take place by means of an additional issuance of shares among existing shareholders, subsequent to approval of the shareholders’ meeting which will take place in the nearest future. The City of intends to retain its blocking shareholder, at least 25% plus one share, stake in the Company.
The shareholders authorized the early termination of powers of the member of the Astana Finance JSC’s Board of Directors: Mrs. Askarova Aygul Ermagambetova; and elected Mr. Tusupbekov Amirzhan Nuryshevich (Director of Financial Department of Astana City) as a new member of the Astana Finance JSC’s Board of Directors.
Agenda: Approval of the Astana Finance JSC’s internal documents
On August 3, 2006 for the purpose of expanding the Company’s activity the Board of Directors of Astana Finance JSC approved the increase in liabilities by concluding a loan agreement with Merrill Lynch International.
On June 29, 2006 the Board of Directors of Astana Finance JSC made the decision to conclude credit agreement with Merrill Lynch International in the amount of 20 million US dollars.
Astana Finance Co. has traditionally paid special attention to charity as an integral part of its own multiple-task activities. One of the today’s acute problems is blood donor issue, the settlement of which to the best would influence heavily t
Today the sensitiveness to its social obligation to the community is in great demand and as actual as it never was before. When our society is in irreversible development and standard of living is improving, we should take a different approach to im
On June 06, 2006 the Board of Directors of Astana Finance JSC approved the increase in liabilities of the Company related to raising a loan from Merrill Lynch International.
On May 19, 2006 the Board of Directors of Astana Finance JSC approved the increase in liabilities of the Company related to the launch of syndicated loan project.
The Board of Directors of Astana Finance JSC has approved of entering into Credit agreement between Astana Finance JSC and Dresdner Bank in the amount of USD 25,000,000.00
JSC "Astana Finance" informs all its partners and interested persons that it has acquired a License of ARCFMO (RK) which authorizes it to deal with broker and dealer operations in the securities markets.
Fitch Ratings has today assigned a final Long-term rating of BB+ to Astana Finance B.V.s USD125million 7.625% bond due 2009, which has been guaranteed unconditionally and irrevocably by JSC Astana Finance.
Astana Finance (Ba1/BB+) attracted a healthy book of USD 380 million for last Tuesdays USD 125 million Reg S three-year bond with 48 accounts participating. The debut Reg S only Eurobond has a 7.625% coupon (the lowest for any three-year Kazakh tran
Astana Finance, the issuing entity of the City of Astana, Kazakhstans capital, sold USD 125 million of three year bonds on Tuesday at 7.85%, or 328bp over US Treasuries.
Today’s issue from Kazakhstan’s Astana Finance priced at 7.85pc and offers some diversity away from private banking product which have dominated issuance out of the country in recent times.
Currently JSC "Astana-Finance" plans to issue the debut USD-denominated Eurobond through its subsidiary "Astana Finance B.V."
The long-term credit rating at a level of "BB+" (forecasted stable position) was assigned to JSC "Astana-Finance" by an International Rating Agency "Fitch Rating"
On the 9th day of year 2006 the Chamber of Commerce and Industry of Rotterdam () has registered the subsidiary "Astana Finance B.V." as a legal entity
JSC "Astana-Finance" informs on the stakeholders voting outcomes.
updated 09.12.2008