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Prospect News home > News index > List of issuers K > Headlines for KazStroyService > News item
Published on 10/24/2012 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

KazStroyService plans to buy back up to KZT 3 billion of 8% bonds

By Marisa Wong

Madison, Wis., Oct. 24 - OGCC KazStroyService said it has decided to repurchase up to KZT 3 billion of first issue bonds under its first bond program.

The bonds will be repurchased at market prices through the Kazakhstan Stock Exchange.

The buyback period will run until Nov. 30.

As previously announced, KazStroyService placed KZT 15 billion of 8% bonds due July 9, 2015 under its inaugural bond program on July 20.

The engineering, procurement and construction company is based in Almaty, Kazakhstan.


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