/KASE, January 26, 11/ - "Halyk Finance", a subsidiary organization of Halyk
Bank of Kazakhstan (Almaty), which is a Joint Lead Manager on the issue of
international bonds of Development Bank of Kazakhstan (Astana), has officially
notified Kazakhstan Stock Exchange (KASE) of starting accepting orders from
KASE stock market members for participation in the proposed additional IPO of
Development Bank of Kazakhstan bonds registered in accordance with a foreign
state's legislation.
Below are parameters of the mentioned bonds, as well as the procedure of
offering the bonds in Kazakhstan, both provided to KASE by "Halyk Finance",
a subsidiary organization of Halyk Bank of Kazakhstan.
quote
Herewith "Halyk Finance", a subsidiary organization of Halyk Bank of
Kazakhstan, announces the start of acceptance by Kazakhstan Stock Exchange
of orders from exchange members for participation in the proposed additional
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 a foreign state's legislation.
Acceptance of orders from prospective investors on the organized market in
Kazakhstan will be conducted under the same terms and conditions of the Bonds
additional placement's cost identification as at their additional 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 bonds: $200,000 or larger face value,
multiple of $1,000
------------------------------------------ ------------------------------------
Expected ratings: BBB (S&P), BBB- (Fitch) and Baa3
(Moody's)
------------------------------------------ ------------------------------------
Coverage: unsecured
------------------------------------------ ------------------------------------
Issue and service currency: US dollar
------------------------------------------ ------------------------------------
Additional placement volume: USD277 m
------------------------------------------ ------------------------------------
IPO amount in December 2010 USD500 m
------------------------------------------ ------------------------------------
Maturity date: December 20, 2015
------------------------------------------ ------------------------------------
Coupon rate: 5.50%
------------------------------------------ ------------------------------------
Yield to maturity at additional placement:
4.95% APR
------------------------------------------ ------------------------------------
Expected settlement date: February 1, 2011
------------------------------------------ ------------------------------------
Additional info: bonds issue prospectus is
available in English on website
of Kazakhstan Stock Exchange,
at
http://www.kase.kz/files/emitters/BRKZ/brkzf9_e6_2010_e.pdf
--------------------------------------------------------------------------------
PROCEDURE OF OFFERING BONDS FOR PURCHASE IN
KAZAKHSTAN:
--------------------------------------------------------------------------------
Date of January 26, 2011
orders acceptance:
------------------------------------------ ------------------------------------
Time of start of 12:00 Almaty time
orders acceptance:
------------------------------------------ ------------------------------------
Time of end of
orders acceptance: 13:00 Almaty time
------------------------------------------ ------------------------------------
Order submission method: closed
------------------------------------------ ------------------------------------
Settlement terms: at the date of settlement the buyer
must provide money in brokerage
account at Halyk Finance or other
qualified brokers or custodians for
payment for purchased bonds as
well as provide all necessary
settlement instructions.
--------------------------------------------------------------------------------
Orders drawn up according to the form published at KASE official site, at
(
http://www.kase.kz/files/mix/brkze_order_form_110125.doc ), are to be sent in
paper form to the following address: Dostyk ave. 291/3 a, Almaty 050020 and to
fax (+7 727) 250 77 79, and e-mail trade@kase.kz.
Details on the proposed issue will be provided later.
Please send your inquiries to the following contacts at 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, JSC 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 either 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 into the United States absent 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 for the Issuer and 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
[2011-01-26]