Tsesna Capital and BCC Invest confirm successful roadshow to offer bonds of Subsidiary Bank Home Credit and Finance Bank held on April 26, 2017 in Astana

/KASE, April 26, 2017/ – Tsesna Capital (Astana), BCC Invest, a subsidiary of Bank CenterCredit (Almaty, BCC Invest in the headline), both being members of Kazakhstan Stock Exchange (KASE), and Subsidiary Bank Home Credit and Finance Bank (Almaty), whose bonds are officially listed on KASE, provided KASE with the following joint press release today: quote The road show to offer bonds of Home Credit Bank was held in Astana. The largest investors of the country met in Astana on April 26 to participate in the road show of SB Home Credit. The bonds with a total nominal volume of KZT10 bn tenge are issued for a period of 3 years, with a coupon rate of 15% per annum. The circulation of bonds will begin in May 2017. Year to date it has been the first market offering of the medium-term bonds of a private company. Home Credit Bank opens the way for all other private issuers of Kazakhstan to attract debt financing for such a period and amounts. Frantisek Kalivoda, CFO and Member of the Management Board of SB Home Credit said, "The attractive yield of the bonds to be issued is based on the successful business model of our Bank and the transparency of our shareholders. The Bank is part of the international Home Credit Group (Prague, Czech Republic), which has been successfully developing its retail lending in Europe, CIS countries, Asia and the USA for about a quarter of a century. The total assets of the Group exceeded EUR26 bn by the end of 2016. At year-end 2016, we are the most profitable bank in Kazakhstan with an unprecedented net profit growth at KZT17.3 bn (it is 2 times more than in 2015)." Tsesna Capital and BCC Invest organize the issue. According to Samat Balkenov, Chairman of the Management Board of Tsesna Capital, "These bonds will allow to fix a high coupon yield for the next three years versus the declining interest rates in tenge in Kazakhstan. Given the successful business model of the issuer, we believe that the offered bonds to date are perhaps the most attractive investment in tenge for public and private companies and banks." Nurlan Kalamkhatov, Chairman of the Management Board of BCC Invest commented the event, "This offering of bonds will be the very first one among commercial banks and representatives of the corporate sector this year. Our company expects a big interest in our partner's bonds, due to the attractive issue parameters and favorable market conditions of the offer. We believe that the issue of bonds will be successful and will serve as a benchmark for other issuers in the near future." Home Credit Bank intends to use the funds obtained through the bond offering to finance its lending activities. unquote [2017-04-26]