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
 
Published on 11/7/2005 in the Prospect News Emerging Markets Daily.

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.


© 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.