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:
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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
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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]