Halyk Finance announced successful completion of complex liability management exercise of the National Company KazMunayGaz

18.05.18 14:28
/KASE, May 18, 2018/ – Halyk Finance, subsidiary of Halyk Savings Bank of Kazakhstan (Almaty, in the heading – Halyk Finance), a member of the Kazakhstan Stock Exchange (KASE), has informed KASE as follows: quote On April 3rd, JSC NC KazMunayGas (“KMG”) and KMG FINANCE SUB B.V. (“KMG Finance”) had invited the holders of KMG’s outstanding notes due 2020, 2021, 2025 and 2043 with a total outstanding principal amount of $3.14 bn (the “Notes”) to tender any or all of such Notes for purchase by KMG for cash and to concurrently consent to amending the terms and conditions of the Notes to provide for mandatory early redemption of these Notes by KMG. unquote Full version of the press release is posted on the KASE website – http://kase.kz/files/emitters/HFIN/hfin_reliz_220518_en.pdf [2018-05-18]