Halyk Finance and SkyBridge Invest announce results of offering of international bonds US48667QAN51, XS1595713782 (KMGZe11) of National Company KazMunayGas

/KASE, April 19, 2017/ – Halyk Finance, subsidiary of Halyk Savings Bank of Kazakhstan (Almaty, in the heading and hereinafter – Halyk Finance), and SkyBridge Invest (Almaty) today provided Kazakhstan Stock Exchange (KASE) with the following press release: quote Halyk Finance and SkyBridge Invest, Joint Lead Managers and Book-Runners of Eurobonds of National Company KazMunayGas (the Issuer), announce results of the initial offering of 10-year Eurobonds of the Issuer with the issue's total face value of USD1 bn, issued under the Mid-Term Global Notes Issue Program to a total amount of up to USD10.5 bn and registered in accordance with laws of a foreign state. Upon collecting orders the Issuer set the cut-off price on the yield to maturity at 4.875%. The total issue volume made up USD1 bn. Kazakh investors were not entitled to bonds under this tranche due to the fact that the actual yield to maturity defined by the Issuer turned out to be lower than yield levels to maturity announced by Kazakh investors. The volume of orders from Kazakh investors submitted through KASE, made up USD7 mln. Below are final parameters of the bond issue. -------------------------------------------------------------------------------- Issuer: NC KazMunayGas ------------------------------------- ------------------------------------------ Type of bonds: Global bonds of senior unsecured debt ------------------------------------- ------------------------------------------ Issue format: In accordance with Rule 144A / Regulation S of US Securities Act ------------------------------------- ------------------------------------------ Ratings: BBB- (Fitch) / Baa3 (Moody’s) / BB (S&P) ------------------------------------- ------------------------------------------ Issue's nominal volume: 1,000,000,000 USD ------------------------------------- ------------------------------------------ Face value of one security: 200,000 US dollars, or the most nominal volume dividable by 1,000 US dollars ------------------------------------- ------------------------------------------ Settlement date/Circulation start April 19, 2017 date: ------------------------------------- ------------------------------------------ Redemption date: April 19, 2027 ------------------------------------- ------------------------------------------ Offering price: 99,020% ------------------------------------- ------------------------------------------ Coupon rate: 4.75% APR ------------------------------------- ------------------------------------------ Coupon payment dates: April 19 and October 19 of each year, starting from October 19, 2017 ------------------------------------- ------------------------------------------ Time base at calculation of 30/360 days coupon amount: ------------------------------------- ------------------------------------------ Yield to maturity at offering: 4.875% APR ------------------------------------- ------------------------------------------ Joint Lead Managers and Book-runners: Citi (B&D), Deutsche Bank, Halyk Finance, SkyBridge Invest, UBS ------------------------------------- ------------------------------------------ Governing law: English law ------------------------------------- ------------------------------------------ Listing: KASE, London Stock Exchange -------------------------------------------------------------------------------- unquote [2017-04-19]