/KASE, November 14, 2017/ – Subsidiary organization of Halyk Bank of Kazakhstan
Halyk Finance (Almaty, hereinafter – Halyk Finance), a member of Kazakhstan Stock
Exchange (KASE), today provided KASE with the following notice:
quote
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED
OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR
DISTRIBUTE THIS ANNOUNCEMENT OR THE TENDER OFFER AND CONSENT SOLICITATION
MEMORANDUM.
13 November 2017
JOINT STOCK COMPANY "NATIONAL COMPANY "KAZAKHSTAN TEMIR ZHOLY" ANNOUNCES
INSTRUCTIONS RECEIVED AS OF THE EARLY PARTICIPATION DEADLINE FOR THE TENDER
OFFER AND CONSENT SOLICITATION IN RESPECT OF ITS U.S.$700,000,000 6.375% NOTES
DUE 2020 (UNRESTRICTED GLOBAL NOTE ISIN: XS0546214007, COMMON CODE: 054621400;
RESTRICTED GLOBAL NOTE ISIN: US48667DAC83, COMMON CODE: 054713479,
CUSIP: 48667DAC8)
On 27 October 2017, JOINT STOCK COMPANY "NATIONAL COMPANY "KAZAKHSTAN TEMIR ZHOLY"
(the "Issuer") announced its invitation to each holder (a "Holder") (subject to
certain offer and distribution restrictions referred to below) of its outstanding
U.S.$700,000,000 6.375% Notes Due 2020 (the "Notes") to tender any or all of
such Notes held by such Holder for purchase by the Issuer for cash (the "Tender
Offer") and concurrently to consent to amend, by extraordinary resolution of
the Holders (the "Extraordinary Resolution"), the terms and conditions of the
Notes (the "Terms of the Notes") to provide for mandatory early redemption of
the Notes by the Issuer (the "Proposal", and together with the Tender Offer,
the "Offer"). The Offer is made on the terms and subject to the conditions set
forth in the Tender Offer and Consent Solicitation Memorandum dated 27 October
2017 (the "Tender Offer and Consent Solicitation Memorandum").
As of the Early Participation Deadline, being 11:59 p.m. (New York City time) on
9 November 2017, the Issuer had received Tender Instructions in respect of
U.S.$587,193,000 in principal amount of outstanding Notes, representing
approximately 83.88% of the outstanding Notes. In addition, the Issuer had also
received Voting Instructions in favour of the Proposal (without Notes being
tendered) in respect of U.S.$21,165,000 in principal amount of outstanding
Notes, representing approximately 3.02% of the outstanding Notes.
The Offer will expire at 11:59 p.m. (New York City time) on 24 November 2017,
unless extended or earlier terminated, as described in the Tender Offer and
Consent Solicitation Memorandum.
Copies of the Tender Offer and Consent Solicitation Memorandum are available
from the Tender and Tabulation Agent as set out below.
Holders are advised to read carefully the Tender Offer and Consent Solicitation
Memorandum for full details of and information on the procedures for
participating in the Offer.
unquote
The full notice is available on KASE website (in Russian) –
http://www.kase.kz/files/emitters/TMJL/tmjl_reliz_131117.pdf
[2017-11-14]