/KASE, December 8, 10/ - Subsidiary organization of Halyk Bank of Kazakhstan
"Halyk Finance" (Almaty), which is a Joint Lead Manager for upcoming
international bonds of Development Bank of Kazakhstan (Astana), has provided to
Kazakhstan Stock Exchange (KASE) an official notification of the start of
acceptance of orders from KASE stock market members for participation in the
proposed IPO of Development Bank of Kazakhstan bonds registered in accordance
with foreign state's legislation.
quote
Herewith Subsidiary organization of Halyk Bank of Kazakhstan "Halyk Finance"
announces the start of acceptance of orders from Exchange members for
participation in the IPO of Eurobonds (Bonds) of Development Bank of
Kazakhstan (the Issuer) being issued under the Issuer's Mid-Term Notes Issue
Programme and registered in accordance with foreign state's legislation.
The acceptance of orders from prospective investors on the organized market of
the Republic of Kazakhstan will commence simultaneously with the placement of
the Bonds in the foreign state's territory, under the same terms and conditions
of the Bonds placement's cost identification as at their placement on a foreign
state's territory, taking into account possible specifics inherent to relevant
securities markets.
BONDS' PARAMETERS:
-------------------------------- -----------------------------------------
Issuer's Name: Development Bank of Kazakhstan
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Short description of bonds: Global bonds of senior unsecured debt,
issued according to Rule 144А and
Provision S
-------------------------------- -----------------------------------------
Face value of one security: $200,000 or larger face value,
multiple of $1,000
-------------------------------- -----------------------------------------
Expected circulation term: From 5 to 5.5 years
-------------------------------- -----------------------------------------
Expected ratings: BBB- (S&P), BBB- (Fitch) and Baa3 (Moody's)
-------------------------------- -----------------------------------------
Coverage: unsecured
-------------------------------- -----------------------------------------
Issue and service currency: US dollar
-------------------------------- -----------------------------------------
Additional information: Bonds Issue Prospectus is available
in English on the web-site of
Kazakhstan Stock Exchange at
http://www.kase.kz/files/emitters/BRKZ/brkzf9_e6_2010_e.pdf
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PROCEDURE OF OFFERING BONDS FOR BUYERS IN KAZAKHSTAN:
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Orders acceptance start time: December 8, 2010, 16:00 Almaty time
-------------------------------- -----------------------------------------
Expected orders acceptance
end time: December 9, 2010, 18:00 Almaty time
-------------------------------- -----------------------------------------
Orders submission method: Closed
-------------------------------- -----------------------------------------
Expected date of fixing of price
and investors orders
satisfaction volume: December 10, 2010
-------------------------------- -----------------------------------------
Expected settlement date: December 16, 2010
-------------------------------- -----------------------------------------
Terms and conditions of
settlements: Before the settlement date, the buyer
of the Bonds must ensure availability
of funds required to pay for purchased
bonds at brokerage accounts with Halyk
Finance or accounts
at other qualified brokers or custodians,
as well as provide all necessary
settlement instructions
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We kindly ask you to send your written orders drawn up according to the form
published on KASE official website
(
http://www.kase.kz/files/mix/brkze_order_form_101208.doc ), to the following
address: 050020, Almaty, Dostyk blvd. 291/3a and by fax to number
(+7 727) 250 77 79, and to e-mail: trade@kase.kz.
Please send your inquiries to the following contacts at Halyk Finance:
Halyk Finance: Farkhad Okhonov, Head of Advising and Underwriting Department
(tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail:
farhado@halykbank.kz).
NOT FOR PUBLIC DISTRIBUTION OR PUBLICATION, WHETHER DIRECTLY OR INDIRECTLY, IN
THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN
Citigroup Global Markets Limited, Deutsche Bank AG, АО Halyk Finance and
J.P. Morgan Securities Ltd. are Joint Lead Managers of this issue.
By accepting delivery of this press release you will be deemed to have
represented, agreed and acknowledged that you are (i) a qualified institutional
buyer, as defined in Rule 144A under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), and are also a qualified purchaser, as defined
in section 2(a)(51) of the U.S. Investment Company Act of 1940, as amended, or
(ii) a non-U.S. Person (as defined in Regulation S under the Securities Act).
ANY FORWARDING, DISTRIBUTION OR REPRODUCTION OF THIS PRESS RELEASE IN WHOLE OR
IN PART IS PROHIBITED. FAILURE TO COMPLY WITH THIS DIRECTIVE OR ANY OF THE OTHER
RESTRICTIONS SET FORTH HEREIN MAY RESULT IN A VIOLATION OF THE SECURITIES ACT
OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS.
This press release does not constitute or form a part of an offer of Securities
for sale in the United States (including its territories and possessions, any
State of the United States and the District of Columbia). Securities may not be
offered or sold in the United States without registration or an exemption from
registration as provided in the Securities Act, and the rules and regulations
thereunder. There is no intention to register any portion of any offering of
Securities in the United States of America or to conduct a public offering of
Securities in the United States.
The information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the Securities
referred to herein in any jurisdiction in which such offer, solicitation or sale
would be unlawful absent registration, an exemption from registration or
qualification under the securities laws of any such jurisdiction. The
distribution of this press release may be restricted by law in certain
jurisdictions and persons into whose possession this press release or other
information referred to herein comes should inform themselves about and observe
any such restriction. This document is not a prospectus and, to the extent that
it may constitute an advertisement, does not constitute an offer to sell or the
solicitation of an offer to purchase Securities. Investors should not subscribe
for any Securities referred to herein except on the basis of the information
contained in the base prospectus relating to the Programme, as supplemented by
the applicable final terms and any pricing sheet relating to the offering of
such Securities.
This communication is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities,
and other persons to whom it may lawfully be communicated, falling within
Article 49(2)(a) to (d) of the Order (all such persons together being referred
to as "relevant persons"). Any offering of Securities will only be made
available to, and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such Securities will be engaged in only with, relevant
persons.
The Joint Lead Managers are acting in the interest of the Issuer and of no one
else in connection with any offering of Securities and will not be responsible
to anyone other than Issuer for providing the protections afforded to clients of
the Joint Lead Managers nor for providing advice in connection with such
offering.
NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA. ANY
DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS
COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE
AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA
BLOOMBERG OR ANOTHER ELECTRONIC TRANSMISSION.
unquote
[2010-12-08]