Alliance Bank delists international bonds XS0495755562, XS0495755646 (ASBNe8); XS0495755729, XS0495756024 (ASBNe10) and XS0495756370, XS0495756453 (ASBNe11) on the Luxembourg Stock Exchange
11.02.15 16:12
/KASE, February 11, 15/ – Alliance Bank JSC (Almaty), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press-release:
quote
Alliance Bank JSC (hereinafter - the Bank) announces that in connection with the
successful completion of the restructuring, the Bank submitted an application to
Luxembourg Stock Exchange with a request to delist from the trading list the
following debt securities that have been invalidated under the terms of the
restructuring plan of the Bank and the applicable law in accordance with the
Agreement on termination of obligations of December 15, 2014:
Bonds for USD615,138,114 with a yield of 10.5% maturing in 2017 (Unified
Code: 049575556 and ISIN XS0495755562 (RegS));
Bonds for USD231,876,752.56 with a yield of 4.7% maturing in 2020 and the rate
LIBOR plus 8.5% starting from 2017 (Unified Code: 049575637 and ISIN
XS0495756370 (RegS)); and
Bonds for USD 978,059 with a yield of 5.8% maturing in 2020 (Unified Code:
049575572 and ISIN XS0495755729 (RegS)).
Cash, newly issued debt securities of the Bank and/or the Bank's shares or
GDRs were distributed between the holders of the said bonds in exchange for
the invalidation of the Bonds.
Delisting of securities above shall enter into force on February 9, 2015.
Further information is available on the Bank's website at:
www.alb.kz/en/investor_relations
unquote
[2015-02-11]