11.02.2015, 16:01
Alliance Bank delists international bonds XS0495755562, XS0495755646; XS0495755729 and XS0495756370, XS0495756453 on the Luxembourg Stock Exchange
OREANDA-NEWS. Alliance Bank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:
"...Alliance Bank JSC (hereinafter - the Bank) announces that in connection with the successful completion of the restructuring, the Bank submitted an application to Luxembourg Stock Exchange with a request to delist from the trading list the following debt securities that have been invalidated under the terms of the restructuring plan of the Bank and the applicable law in accordance with the Agreement on termination of obligations of December 15, 2014:
Bonds for USD615,138,114 with a yield of 10.5% maturing in 2017 (Unified Code: 049575556 and ISIN XS0495755562 (RegS));
Bonds for USD231,876,752.56 with a yield of 4.7% maturing in 2020 and the rate LIBOR plus 8.5% starting from 2017 (Unified Code: 049575637 and ISIN XS0495756370 (RegS)); and
Bonds for USD 978,059 with a yield of 5.8% maturing in 2020 (Unified Code: 049575572 and ISIN XS0495755729 (RegS)).
Cash, newly issued debt securities of the Bank and/or the Bank's shares or GDRs were distributed between the holders of the said bonds in exchange for the invalidation of the Bonds.
Delisting of securities above shall enter into force on February 9, 2015".
"...Alliance Bank JSC (hereinafter - the Bank) announces that in connection with the successful completion of the restructuring, the Bank submitted an application to Luxembourg Stock Exchange with a request to delist from the trading list the following debt securities that have been invalidated under the terms of the restructuring plan of the Bank and the applicable law in accordance with the Agreement on termination of obligations of December 15, 2014:
Bonds for USD615,138,114 with a yield of 10.5% maturing in 2017 (Unified Code: 049575556 and ISIN XS0495755562 (RegS));
Bonds for USD231,876,752.56 with a yield of 4.7% maturing in 2020 and the rate LIBOR plus 8.5% starting from 2017 (Unified Code: 049575637 and ISIN XS0495756370 (RegS)); and
Bonds for USD 978,059 with a yield of 5.8% maturing in 2020 (Unified Code: 049575572 and ISIN XS0495755729 (RegS)).
Cash, newly issued debt securities of the Bank and/or the Bank's shares or GDRs were distributed between the holders of the said bonds in exchange for the invalidation of the Bonds.
Delisting of securities above shall enter into force on February 9, 2015".
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