Kazakhstan's Astana Finance talks dollar-denominated five-year eurobonds at 9¼% area

By Reshmi Basu

New York, Nov. 7 - JSC Astana Finance of Kazakhstan set price guidance for a dollar-denominated offering of five-year eurobonds (Ba1//BB+) at the 9¼% area, according to a market source.

The roadshow is scheduled to end in Frankfurt and Munich on Tuesday.

JP Morgan is the bookrunner for the Regulation S transaction.

The issuer is a financial institution with headquarters in Astana, Kazakhstan.

On Feb. 8, Astana Finance sold $125 million of three-year bonds (Ba1//BB+) at 99.41 with a 7 5/8% coupon to yield 7.85%.

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