Kazakhstan's KazMunaiGaz talks 5.5-year bonds at 12%

By Aaron Hochman-Zimmerman

New York, July 15 - KazMunaiGaz issued talk at 12% yield for its upcoming five-year six-month bonds, according to a market source.

The bonds are due in 2015.

JPMorgan and Citigroup will act as bookrunners for the deal.

KazMunaiGaz is an Astana, Kazakhstan-based government run energy firm.

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