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Prospect News home > News index > List of issuers H > Headlines for Halyk Bank > News item
Published on 5/19/2010 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kazakhstan's Halyk Savings Bank to redeem 13% subordinated bonds

By Devika Patel

Knoxville, Tenn., May 19 - Halyk Savings Bank of Kazakhstan said it will redeem its 13% subordinated bonds due 2018 on Nov. 6.

The bonds will be redeemed prematurely at par plus the last accrued coupon interest in the period of Nov. 6 through Nov. 15.

Based in Kazakhstan, Halyk is a financial services group and retail bank.


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