Halyk Finance reports successful placement of KZT- and USD-denominated Eurobonds of Development Bank of Kazakhstan

08.07.25 14:35
/KASE, July 8, 2025/ – Subsidiary of Halyk Bank of Kazakhstan "Halyk Finance" JSC (KASE ticker – HFIN, in the heading Halyk Finance) reported the following: quote Halyk Finance reports that within the framework of the program for the issue of medium-term notes, Development Bank of Kazakhstan JSC (hereinafter referred to as "DBK") has placed two Eurobond issues: - additional issue of 5-year Eurobonds (maturity April 7, 2030), denominated in US dollars, in the amount of $200 million; - issue of 3-year Eurobonds denominated in tenge in the amount of 55 billion tenge. Halyk Finance acted as joint lead manager and bookrunner for these transactions of issue and placement of Eurobonds of DBK. The collection of orders for the purchase of DBK Eurobonds took place on June 26, 2025. In the territory of the Republic of Kazakhstan, the collection of orders was carried out through a subscription to JSC Kazakhstan Stock Exchange (hereinafter referred to as KASE). Following the collection of orders for the purchase of DBK Eurobonds, orders from investors who took part in the subscription on KASE were executed in the amount of 17.4 billion tenge for the issue in national currency and 50.3 million US dollars – for the issue in foreign currency. The share of Eurobonds purchased on KASE in the total volume of DBK placement was 32% for Eurobonds in tenge and 25% for Eurobonds in US dollars. DBK placed Eurobonds denominated in tenge with a yield to maturity of 17.3% per annum, and additionally placed Eurobonds denominated in US dollars with a yield to maturity of 5.562% per annum. Settlements for the transactions were made on July 3, 2025. unquote This information is posted at – https://kase.kz/files/emitters/HFIN/hfin_relizs_040725_-2.pdf [2025-07-08]