HALYK FINANCE ANNOUNCED NATIONAL COMPANY KAZMUNAIGAS 10-YEAR EUROBONDS INITIAL OFFERING RESULTS
26.04.13 12:30
/KASE, April 26, 13/ – Subsidiary of Halyk Bank of Kazakhstan Halyk Finance
(Almaty, in the headline – Halyk Finance) provided today to Kazakhstan Stock
Exchange (KASE) the following information message:
quotation
Hereby, Subsidiary of Halyk Bank of Kazakhstan Halyk Finance, the Joint Lead
Manager and Kazakhstan Bookrunner of National Company KazMunaiGas (the Issuer)
international bonds, announces results of initial offering the Issuer 10-year
Eurobonds with the total nominal volume USD1 billion, issued within the Issuer
Program on issue of global bonds in the volume up to USD 10.5 billion and
registered in compliance with a foreign state legislation.
Upon expiry of orders collection the Issuer has set the cu-off price on yeidl
to maturity at 4.45%. the issue total volume made up USD 1 billion. Kazakhstan
invesdtors have been distributed bonds to the total face amount of USD 157.1
million (or 15.7% from the issue total volume), the volume of Kazakhstan
investors orders submitted through KASE made up USD 203.1 million. In the
total volume of orders Kazakhstan investors 73.8% accounted for pension
funds, 9.8% – banks, 16.3% – brokerage and dealer companies and their
clients. The Issuer fully satisfied submitted through KASE orders, in
which investors declared yield to maturity did not exceed 4.45% APR.
Below are the bonds issue final parameters.
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Issuer: JSC NC KazMunaiGas
Expected ratings: BBB (Fitch), Baa3 (Moody's), BBB- (S&P)
Issue amount ta face value: U.S. $1,000,000,000
Settlements date: April 30, 2013
Maturity date: April 30, 2023
Offering price: 99.600%
Coupon rate: 4.40% APR
Coupon payment dates: April 30 and October 30 of each year,
beginning October 30, 2013
Yield to maturity at offering: 4.45% APR
Time base at coupon amount 30/360
calculation:
Issue form: According to Rule 144A / Regulation S
of USA Law on Securitoes
Denomination: U.S. $200,000 or over nominal,
fold of U.S. $1,000
Joint Lead Managers and Barclays, Bank of America Merrill Lynch
Bookrunners:
Joint Lead Manager and JSC Halyk Finance
Kazakhstan Bookrunners:
Kazakhstan Lead Manager: JSC VISOR Capital
Bonds status: Senior ubnsecured
Regulating legislation: British
Listing: KASE, London Stock Exchange
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ends
[2013-04-26]