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Kazakhstan's Nurbank sets guidance for $100-$150 million three-year bullet at 9 1/8% area
By Reshmi Basu
New York, April 18 - Nurbank OJSC set price guidance for an offering of $100 million to $150 million of three-year bonds (Ba3/B-) in the area of 9 1/8%, according to a market source.
The offering is structured as a three-year bullet issue of fixed-rate senior notes.
The roadshow is in Frankfurt, Germany, and Zurich, Switzerland, on Tuesday and wraps up in London on Wednesday.
Dresdner Kleinwort Wasserstein and ING are running the Regulation S offering.
Nurbank, based in Almaty, is the seventh largest bank in Kazakhstan.
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