OREANDA-NEWS. January 25, 2011. Halyk Finance announces results of the IPO of Halyk Bank of Kazakhstan (hereinafter - the Issuer) Eurobonds, issued in accordance with a foreign state's legislation, reported the press-centre of KASE.

Halyk Bank of Kazakhstan successfully made an IPO of long-term Eurobonds. Global senior unsecured Eurobonds (hereinafter – the Bonds) have been issued according to Rule 144А and Provision S, and under the Kazakhstan legislation were offered to domestic investors on the organized market of the Republic of Kazakhstan simultaneously with their placement in foreign territories.
                                                                                
Upon completing collection of orders, the Issuer on the same day fixed the yield to maturity cutting price at 7.50%. The issue amounted to USD500 m. Bonds have been distributed among Kazakhstan investors totaling to USD36 m (or 7.2 % of the issue amount) with orders from Kazakhstan investors submitted via the Exchange amounting to USD463 m. Pension funds account for 49.9% in the total volume, banks - 43.2%, brokerage and dealer companies and their clients - 6.9%.