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JSC Halyk Bank (HSBK)
JSC Halyk Bank: Halyk Bank partially prepaid its $750million Eurobond issue
05-March-2019 / 15:34 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
PRESS-RELEASE
5 March 2019
Halyk Bank partially prepaid its $750million Eurobond issue
Joint Stock Company Halyk Savings Bank of Kazakhstan ("Halyk Bank") (LSE:
HSBK) partially prepaid its USD 750,000,000 Eurobond issue bearing 5.5%
coupon rate due 2022 (the Notes). The partial prepayment was made for the
amount of USD 200,000,000 on 1 March 2019 together with the interest accrued
but unpaid. The partial prepayment was made to bondholders proportionally to
their holdings of the Notes. The prepayment was made in accordance with the
Terms and Conditions of the Notes (Condition 8 (?) "Redemption at the option
of the Bank").
About Halyk Bank
Halyk Bank is Kazakhstan's leading financial services group, operating
across a variety of segments, including retail, SME & corporate banking,
insurance, leasing, brokerage and asset management. Halyk Bank has been
listed on the Kazakhstan Stock Exchange since 1998 and on the London Stock
Exchange since 2006. Halyk Bank has the highest ratings (Moody's - Ba1 /
Fitch - BB / S&P - BB) among Kazakhstan second-tier banks (without foreign
participation).
In July 2017, the Bank purchased majority stake in Kazkommertsbank JSC - the
second largest Bank in Kazakhstan by total assets - and merged it fully in
July 2018.
With total assets of KZT 8,389.9 billion as at 30 September 2018, Halyk Bank
is Kazakhstan's leading lender. The Bank has the largest customer base and
broadest branch network in Kazakhstan, with 656 branches and outlets across
the country. The Bank also operates in Georgia, Kyrgyzstan, Russia and
Tajikistan.
For more information on Halyk Bank, please visit https://www.halykbank.kz
[1]
- ENDS -
For further information, please contact:
Halyk Bank
Viktor Skryl +7 727 259 04 27
Mira Kasenova +7 727 259 04 30
Karashash Karymsakova +7 727 330 01 92
ISIN: US46627J3023
Category Code: MSCM
TIDM: HSBK
Sequence No.: 7722
EQS News ID: 784113
End of Announcement EQS News Service
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(END) Dow Jones Newswires
March 05, 2019 09:34 ET (14:34 GMT)
