20th Sep 2007 07:00
JSC Halyk Savings Bank Kazakhstan20 September 2007 Closing of syndication JSC Halyk Bank Kazakhstan is pleased to announce that it has CLOSED SYNDICATIONof its new syndicated term loan facility for $300 million. The transaction isnew money and was arranged by the following IMLAs: The Bank of Tokyo-Mitsubishi UFJ, Ltd. CALYON Mizuho Corporate Bank, Ltd. The syndication was launched on 3rd August, 2007 and despite volatile,challenging market conditions and competitive terms, the syndication has beenclosed successfully and the borrower's funding requirements met. Signing isexpected to take place shortly by POA. Summary details of the transaction: Borrower: HSBK (Europe) B.V., Netherlands Guarantor: JSC Halyk Bank KazakhstanAmount: USD 300,000,000Tenor: 3-years from signingRepayment: Bullet on final maturityMargin 40 bps paFacility Agent: CalyonBookrunners: BTMU, Calyon and Mizuho End. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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