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Kazakhstan's Kazkommertsbank names ING, UBS lead managers for $300 million five-year notes
By Reshmi Basu
New York, Sept. 13 - JSC Kazkommertsbank said it named ING and UBS Investment Bank as joint lead managers for its proposed $300 million five-year eurobond (Baa2/BB-).
On Sept. 1, Prospect News reported that Kazakhstan's largest bank would tap the capital markets in the third quarter.
The proposed issuance will be a Regulation S only deal.
Proceeds will be used to fund loans and for general banking purposes.
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