Halyk Savings Bank of Kazakhstan raises $200.0 million syndicated loan through HSBK (Europe) B.V. (Kingdom of Netherlands)

21.08.08 17:16
/KASE, August 21, 08/ - Halyk Savings Bank of Kazakhstan (Almaty), a listing company of Kazakhstan Stock Exchange (KASE), provided KASE with the pres release of August 19: Quotation start Joint Stock Company 'Halyk Savings Bank of Kazakhstan' (Halyk Bank) (LSE: HSBK) is pleased to announce that the above transaction, arranged by BNP Paribas, ING Wholesale Banking ("ING"), Landesbank Berlin AG ("LBB"), Standard Bank Plc ("Standard Bank"), UniCredit Markets & Investment Banking ("UniCredit") and WestLB AG, London Branch ("WestLB") (each an "Initial Mandated Lead Arranger" and "Bookrunner"), has been successfully closed. The Facility was launched at US$200,000,000 and CLOSED OVERSUBSCRIBED. Signing is expected to take place shortly. Announcement of the final facility amount will follow the signing of the Facility Agreement. The Facility will be used for general financing purposes, including trade related finance activities of Halyk Bank's customers and is structured as a one-year term loan with an extension option for another one-year period with a bullet repayment. Summary details of the transaction: -------------------------------------------------------------------- Borrower: HSBK (Europe) B.V. Guarantor: Halyk Bank Margin: 1.00 % APR Tenor: 370 days, with an extension option for further 370 days Repayment: Bullet at maturity Purpose: General financing purpose, including trade finance Bookrunners: BNP Paribas, ING, LBB, Standard Bank, UniCredit, WestLB Agent: ING -------------------------------------------------------------------- For further information please contact: Zhanara Aikimbayeva janara@halykbank.kz +7 727 259 07 96 Assel Atinova asela@halykbank.kz +7 727 259 04 30 Lenura Urmiyeva lenurau@halykbank.kz +7 727 259 02 66 Quotation end [2008-08-21]