Halyk Finance, subsidiary of Halyk Savings Bank of Kazakhstan, says Development Bank of Kazakhstan to conduct meetings with prospective investors on possible issue of sukuk bonds
11.06.12 18:22
/KASE, June 11, 12/ - JSC "Subsidiary organization of Halyk Bank of
Kazakhstan "Halyk Finance" (Almaty), a member of Kazakhstan Stock
Exchange, provided today KASE with the following communique:
quote
JSC "Development Bank of Kazakhstan", rated BBB+ (S&P) / BBB- (Fitch) /
Baa3 (Moody's), has mandated JSC Halyk Finance, HSBC Amanah Malaysia
Berhad and The Royal Bank of Scotland Berhad as Joint Lead Managers and
Bookrunners to arrange a series of investor meetings commencing on June 12,
2012 for prospective investors in Kazakhstan and Malaysia with a view to
considering an issue under its Islamic Medium Term Note Program of up to
RM1.5 bn (the "Sukuk Programme"), subject to market conditions. The issuance
of Sukuk under the Sukuk Programme shall be made via the Shariah principle of
Murabahah utilising commodities as underlying assets, which is one of the Shariah
principles and concepts approved by the Shariah Advisory Council of the
Securities Commission of Malaysia.
JSC Halyk Finance is announcing a presentation for prospective Kazakhstani
investors to be held in Kazakhstan on June 13 in Almaty at 15.00 Almaty time at
the premises of Halyk Bank located at: 109 "B", Abai Ave., 5th floor, room 503.
To get additional information and to register for the presentation please contact
the following representative of JSC "Halyk Finance":
Farkhad Okhonov, tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail:
FarhadO@halykbank.kz
Oleg Khvan, tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail:
OlegH@halykbank.kz
JSC "Development Bank of Kazakhstan" is an investment institution of the
Government of the Republic of Kazakhstan which funds the non-primary sector
of economy. JSC "Development Bank of Kazakhstan" is 100% owned by JSC
"Sovereign Wealth Fund "Samruk-Kazyna".
unquote
[2012-06-11]