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Kazakhstan’s KazMunayGas buys back KZT 8 billion of bonds due 2019
By Marisa Wong
Madison, Wis., Jan. 22 – KazMunayGas said it bought back 8 million units of its floating-rate bonds due 2019.
The bonds have a face amount KZT 1,000 and currently carry a coupon of 8.859%.
The company issued KZT 120 billion of the bonds in 2009.
KazMunayGas is an Astana, Kazakhstan-based state-owned oil and gas company.
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