By Jennifer Chiou
New York, Aug. 5 - Kazkommertsbank announced two placements of a total of KZT 10 billion of 10-year notes with yields between 11% and 12%.
The subordinated debt securities were issued as part of the third issue of notes under the bank's KZT 30 billion bond program.
The Almaty, Kazakhstan-based bank said that the placements were conducted on July 31 and Aug. 3.
| Issuer: | Kazkommertsbank
|
| Issue: | Subordinated notes
|
| Total amount: | KZT 10 billion
|
| Maturity: | 2019
|
| Yields: | 11% to 12%
|
| Announcement date: | Aug. 5
|
| Settlement dates: | July 31 and Aug. 3
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
