Kazakhstan Temir Zholy Eurobonds demand made USD 8.2 bln in 2010: A. Mamin
11:54, 10 January 2011
ASTANA. January 10. KAZINFORM /Serik Sabekov/ "Kazakhstan Temir Zholy" JSC successfully issued second eurobond transactions to the amount of USD 700 mln last year. President of the Company Askar Mamin made it public at the session of the board of the Ministry of Transport and Communications of Kazakhstan on Monday.
According to him, the maturity of the bonds is ten years, the interest rate is 6.315% p.a. The investors' demand for the company's bonds made USD 8.2 bln increasing the supply twelve times.
"This is the best bond offering of the corporate sector of Kazakhstan in 2010", A.Mamin said.