JSC Halyk Bank: Halyk Bank partially prepaid its $750million Eurobond issue

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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          [phone] 
Mira Kasenova         [phone] 
Karashash Karymsakova [phone] 
 
ISIN:          US46627J3023 
Category Code: MSCM 
TIDM:          HSBK 
Sequence No.:  7722 
EQS News ID:   784113 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=4730ea9b4fc003a3688c4d47ac583595&application_id=784113&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

March 05, 2019 09:34 ET (14:34 GMT)