S&P rates Eurasian Development Bank bonds BBB-

S&P said it assigned a BBB- long-term issue rating to the proposed benchmark-size Kazakhstani-tenge-denominated senior unsecured bonds to be issued by Eurasian Development Bank.

The bonds will be issued under the bank's 2007 euro medium-term notes program.

Given the bonds' unsubordinated and unsecured nature, S&P said it aligns the rating with the bank's BBB- issuer credit rating.

© 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.