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Kazakhstan’s Agricultural Credit plans KZT 40 billion of bonds
By Marisa Wong
Morgantown, W.Va., Oct. 17 – Agricultural Credit Corp. has registered to issue two series of bonds, according to two Kazakhstan Stock Exchange notices.
The company is planning KZT 7.1 billion of 15.3% bonds with a term of 174 months and KZT 32.9 billion of 14.3% bonds with a term of 114 months, according to separate prospectuses.
Both series of bonds will be issued under the Astana, Kazakhstan-based company’s KZT 150 billion bond program registered in November 2015.
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