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Published on 11/13/2009 in the Prospect News Emerging Markets Daily.

Kazakhstan's Bank CenterCredit buys $10 million of 8.625% eurobonds

By Devika Patel

Knoxville, Tenn., Nov. 13 - Bank CenterCredit said it repurchased $10 million of its $500 million in 8.625% eurobonds due Jan. 30, 2014.

Following this, there are $483.63 million of the bonds remaining outstanding.

Bank CenterCredit is a subsidiary of JSC Bank CenterCredit, the fifth-largest commercial bank in Kazakhstan.


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