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Prospect News home > News index > List of issuers Tenders > Headlines for 2010 > News item
Published on 9/2/2010 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kazakhstan's Kazkommerts repurchases some of two series of bonds

By Devika Patel

Knoxville, Tenn., Sept. 2 - Kazkommerts International BV said it bought back $2.1 million of its $272.33 million in bonds (ISIN: XS0234488236) due Nov. 3, 2011 and €23.87 million of its bonds due Feb. 13, 2017 (ISIN: XS0286431100) on Aug. 27.

After the repurchase, $270.23 million of the first series of bonds and €392.84 million of the second series remain outstanding.

Kazkommerts International is a subsidiary of Kazkommertsbank, an Almaty, Kazakhstan-based bank.


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