Kazakhstan's Bank CenterCredit talks five-year notes 8 1/8%-8 3/8%

By Paul A. Harris

St. Louis, Jan. 23 - Bank CenterCredit International BV is talking its $200 million to $300 million offering of five-year senior unsecured notes at 8 1/8% to 8 3/8%, according to market sources.

The roadshow is expected to conclude on Wednesday, with pricing expected thereafter.

Citigroup and ING are the underwriters for the Regulation S offering.

The prospective issuer is a Kazakhstan-based bank.

The notes are expected to be rated Ba1 by Moody's Investors Service and BB- by Standard & Poor's.

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