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Kazakhstan's Alliance Bank sets guidance for minimum $200 million five-year bonds at 9 1/8%-9 3/8%
By Reshmi Basu
New York, Nov. 7 - Alliance Bank JSC Kazakhstan, via its financing vehicle ALB Finance BV Netherlands, (Ba2//B+ expected) set price guidance for a minimum offering of $200 million in five-year bonds at 9 1/8% to 9 3/8%, according to a market source.
The roadshow is scheduled to end Tuesday in Singapore.
ABN Amro and Citigroup are running the Regulation S transaction.
The issue will be structured as senior unsecured bonds.
Alliance Bank is an Almaty, Kazakhstan, financial institution.
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