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Published on 9/29/2004 in the Prospect News Emerging Markets Daily.

Halyk Bank of Kazakhstan $200 million five-year notes talked at 8 3/8% to 8½%

By Reshmi Basu

New York, Sept. 29 - Halyk Bank of Kazakhstan has set price guidance for its $200 million offering of five-year senior notes (Baa2/B+/BB-) at a yield of 8 3/8% to 8½%, according to a market source.

Credit Suisse First Boston and JP Morgan are running the planned offering.

Halyk is the third largest bank in Kazakhstan by assets.


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