E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders > News item
Published on 1/6/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kazakhstan's KazMunayGas to buy back KZT 8 billion of bonds

By Marisa Wong

Madison, Wis., Jan. 6 - National Co. KazMunayGas JSC said it plans to repurchase a portion of its indexed coupon bonds.

The repurchase date is Jan. 19, but because it falls on a Sunday the buyback will be carried out on Jan. 17.

The company plans to buy back KZT 8 billion of bonds.

This is the fourth buyback of the bonds, according to a Kazakhstan Stock Exchange announcement.

The company issued KZT 120 billion of the bonds in October 2009 has been repurchasing the bonds since July 19, 2012. There is currently KZT 96 billion of the bonds outstanding.

The oil and gas company is based in Astana, Kazakhstan.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.