Halyk Finance, Subsidiary Organization of Halyk Bank of Kazakhstan announces successful completion of deal to substitute issuer of Eurobonds USN45748AB15, US45867EAB20 (INCAe2) for Intergas Finance B.V.

/KASE, November 25, 11/ - JSC Halyk Finance, a Subsidiary Organization of Halyk Bank of Kazakhstan (Almaty), a member of Kazakhstan Stock Exchange (KASE), has provided KASE with the following communique: quote Halyk Finance announces successful completion of the issuer substitution transaction whereby Intergas Finance B.V. was substituted by JSC Intergas Central Asia as the issuer of $600 MM 6.375% Eurobond due 2017 followed by Intergas Central Asia's Eurobond listing on the KASE in the "Rated Debt Securities" category (trading code - INCAe2) effective from November 11th. The successful completion of this complex transaction marks Halyk Finance's active role in both international and domestic fixed income markets and its profound advisory experience not only in helping its clients raise new funds in the capital markets, but also in restructuring and optimizing their existing deal/issue structures. In February 2011, Halyk Finance has successfully completed another milestone issuer substitution transaction whereby Zhaikmunai Finance B.V. was substituted by Zhaikmunai LLP as the issuer of $450 MM 10.5% Eurobond issued in 2010 and due in 2015. Zhaikmunai's Eurobond was listed on the KASE in the "Rated Debt Securities" category effective from 24 February 2011 (trading code - ZHMNe1). This year, Halyk Finance has won "The Best Investment Bank in Kazakhstan 2011" award from Global Finance, "The Best Investment Bank in Kazakhstan 2010" award from EMEA Finance and "The Best Financial Advisor 2010" award from the KASE. JSC Halyk Finance is the leading investment bank in Kazakhstan rendering a full range of investment banking services including consulting and underwriting (issuance and placement of securities), corporate finance (M&A advisory, debt restructuring and transaction advisory services), brokerage, securities trading, market making on the Kazakhstan Stock Exchange, asset management and research. unquote [2011-11-25]