Kazkommerts Securities acts as co-underwriter during offering of debut issuance of ruble bonds of Rosagroleasing on MOEX

/KASE, June 2, 2020/ – Kazkommerts Securities (subsidiary of Kazkommertsbank) (Almaty, in the heading – Kazkommerts Securities), a member of Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote On May 28, 2020, the order book for the purchase of bonds of the debut issue of Rosagroleasing JSC with a maturity of 5 years was closed. An issue in the amount of 8 billion rubles was completely sold. In this transaction, Kazkommerts Securities JSC acted as a co-underwriter. The organizers were Moscow Industrial Bank PJSC, Rosselkhozbank JSC and Sovcombank PJSC. The placement agent was PJSC Sovcombank. The bond issue was registered by the Bank of Russia on April 16, 2020 under the number 4-01-05886-A-001P with a total face value of 8 billion rubles and was intended for qualified investors. The initial benchmark for the coupon rate was 7.60 – 7.90% per annum, which corresponds to an effective yield to maturity of 7.74 - 8.06% per annum. The initial indicative transaction volume was 5 billion rubles. In the course of accepting orders of the year, the issuer set the final coupon rate for the entire circulation period of bonds in the amount of 7.35% per annum, and also increased the placement volume to 8 billion rubles. During the book-building, 53 orders from investors were submitted, and the total demand exceeded 15 billion rubles. State and private banks, management and insurance companies, as well as international investors, showed interest in the offering of the bond issue. "For us, this transaction is significant, since for the first time a Kazakh investment bank took part in the placement of bonds of a Russian issuer denominated in rubles in the territory of the Russian Federation. This step significantly expands the geography of the presence of the Halyk group and the spectrum of our involvement in projects," said a managing director of Kazkommerts JSC Securities, Timur Salimov. *** Rosagroleasing JSC is a Russian state leasing company whose activities are aimed at the technical and technological modernization of the agro-industrial complex of the Russian Federation, by leasing production equipment to agricultural enterprises of the country. 100% of the company's shares are owned by the state through the Ministry of agriculture of the Russian Federation. The key directions of the issuer's development are based on the implementation of the State Program for the Development of Agriculture and the regulation of agricultural products, raw materials and food markets for 2013-2020. The implementation of these directions will make it possible to increase the technical equipment of agricultural enterprises in Russia and make advanced agricultural technologies available to farmers. Kazkommerts Securities JSC is one of the leading investment banks in Kazakhstan, providing a full range of investment banking services: brokerage services, investment portfolio management, financial advice on the issue and offering of securities, organization and support of mergers and acquisitions, analytical studies and recommendations as well as business valuation. The company is a 100% subsidiary of Halyk Bank of Kazakhstan JSC. Halyk Bank of Kazakhstan JSC is the largest universal commercial bank of the Republic of Kazakhstan, successfully operating for more than 95 years. The bank's financial group – Halyk Group, is the leading financial group in Kazakhstan with the largest customer base and distribution network and offers a wide range of financial services. In addition to Kazakhstan, the organizations that are part of the Halyk Group carry out their operations in Russia, Georgia, Kyrgyzstan, Tajikistan and Uzbekistan. Contact person at Kazkommerts Securities JSC: Ainura Jumadilova, Investment banking department Tel. +7 727 244 65 05 (ext. 2) www.kazks.kz unquote [2020-06-02]