Halyk Finance and SkyBridge Invest announce results of offering of international bonds US48667QAP00, XS1595714087 (KMGZe12) 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 30-year Eurobonds of the Issuer with the issue's total face value of USD1.250 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 5.875%. The total issue volume made up USD1.250 bn. Kazakh investors were entitled to bonds with the total face value of USD1.1 mln (or 0.088% of the total issue volume). In the total volume of orders from Kazakh investors, 100% fell on brokerage firms and their clients. Orders submitted through KASE, in which the yield to maturity announced by investors didn't exceed 5.875% APR, were executed by the Issuer in full. The volume of orders from Kazakh investors submitted through KASE, made up USD12.1 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: 1,250,000,000 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, 2047 ------------------------------------- ------------------------------------------ Offering price: 98.247% ------------------------------------- ------------------------------------------ Coupon rate: 5.75% 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: 5.875% 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]