Kazakhstan's Eurasian Development Bank to issue dollar notes as part of tender offer

By Christine Van Dusen

Atlanta, Sept. 4 - Kazakhstan's Eurasian Development Bank is planning to issue dollar-denominated notes as part of a tender offer for its outstanding $500 million 7 3/8% notes due 2014, according to a company announcement.

BNP Paribas, JPMorgan, HSBC and Deutsche Bank are the dealer-managers for the transaction.

The new notes are part of the company's $3.5 billion medium-term note program.

The bank is based in Almaty, Kazakhstan.

© 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.