Kazakhstan Chamber of Commerce in the USA

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Kazakh Eurasian Bank plans to issue $500 million worth of Eurobonds 0

Posted on November 20, 2014 by KazCham

Business Intelligence from Colibri Law Firm: Issue #96 

The Board of Kazakh Eurasian Bank decided to issue Eurobonds in the amount of up to $500 million. The bank plans to issue up to 500,000 loan securities, the nominal value of one security is $1,000. Placement of securities may be carried out both in Kazakhstan or/ and abroad, including the UK or/ and the EU countries, South-East Asia, Russia or any other countries. The issuer plans that the coupon interest rate will be fixed at up to 7.5 percent per annum. The circulation period will reach three years.



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