By Marisa Wong
Madison, Wis., July 19 - Eurasian Bank JSC informed the Kazakhstan Stock Exchange that it began placing 7% bonds due July 13, 2014. The bank plans to place a total of KZT 20 billion of the 7% bonds.
This is the bank's third issue of bonds under its second bond program.
The bank said it plans to place the first tranche of KZT 3 billion by the end of July.
Eurasian Capital is the underwriter.
The lender is based in Almaty, Kazakhstan.
| Issuer: | Eurasian Bank JSC
|
| Issuer: | Bonds
|
| Amount: | KZT 20 billion
|
| Maturity: | July 13, 2014
|
| Coupon: | 7%
|
| Agent: | Eurasian Capital
|
| Pricing date: | July 13
|
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