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]