OREANDA-NEWS. October 18, 2010. By Kazakhstan Stock Exchange (KASE) Listing Commission decision an approval was granted for admission to KASE official list of international bonds (up to USD750.0 m; up to 7 years; semi- annual coupon, 30/360) to be issued by Kazkommertsbank (Almaty) and qualified as Rated Debt Securities, reported the press-centre of KASE.

This decision is at the same time a decision on admission of the mentioned bonds to KASE official list under the said category which will become effective once the issuer meets requirements set by items 1-2 of Article of KASE internal document "Listing Rules".

The Bank of New York will run the registers system for holders of these bonds.

UBS Investment Bank and J.P. Morgan will act as joint lead managers and book-runners for the planned issue of the mentioned bonds; in Kazakhstan the lead manager for the issue is going to be Kazkommerts Securities (subsidiary of Kazkommertsbank) (Almaty).

Details on the issue of the said bonds will be published on KASE website once the mentioned decision of the Listing Commission becomes effective.