Halyk Savings Bank of Kazakhstan partially early redeemed international bonds XS0867478124, XS0867573890 (BTASe16) in the amount of USD200.0 mln

06.03.19, 12:36
/KASE, March 6, 2019/ – Halyk Savings Bank of Kazakhstan (Almaty), whose securities 
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with 
the following press release of March 5, 2019:

quote

Joint Stock Company Halyk Savings Bank of Kazakhstan ("Halyk Bank") (LSE: HSBK) 
has partially redeemed its USD 750,000,000 Eurobond issue bearing 5.5% coupon 
rate due 2022 (the Notes). The partial prepayment was made in the amount of USD 
200,000,000 with settlement date of 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 will be made in accordance with 
the Terms and Conditions of the Notes (Condition 8 (с) "Redemption at the option 
of the Bank").

unquote

Full press release is available on KASE website (in Russian) at 
http://kase.kz/files/emitters/HSBK/hsbk_reliz_050319_1.pdf

[2019-03-06]