OCT. 26 2015 (The Conway Bulletin) — Intergas Central Asia said it would buy back $270m of its outstanding Eurobonds due in 2017, media reported. Intergas is a subsidiary of Kazakhstan’s state owned pipeline company KazTransGas. Analysts said the buyback was positive for Intergas as it reduced its exposure to Kazakh banks.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 254, published on Oct. 30 2015)
SEPT. 18 2015 (The Conway Bulletin) — KazTransGaz Aimak, a subsidiary of Kazakhstan’s state-owned gas transit system, said it plans to issue Eurobonds for 5b tenge ($18.6m) to refinance its outstanding debt. KazTransGas Aimak, which controls the gas distribution system in the Almaty region, has an outstanding bonds issue of 8.6b tenge ($31.9m) maturing in December 2018.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 249, published on Sept. 25 2015)
MAY 3 2013 (The Conway Bulletin) — Kazmunaigas, Kazakhstan’s national energy company, sold Eurobonds worth $3b in April, media reported quoting its press service. The relatively low interest on the debt — $2b 30-year Eurobonds sold with an interest of 5.8% and $1b 10-year Eurobonds with 4.45% — shows the attractiveness of lending to Kazmunaigas.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 134, published on May 6 2013)
NOV. 3. 2010 (The Conway Bulletin) — Kazakhstan’s state oil and gas company Kazmunaigas started looking for potential buyers for its 11-year $1.5b Eurobond with an estimated yield of 6.75%. This is the first bond in a series of offerings that Kazakhstan hopes will raise $7.5b to invest back into oil and gas projects.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 14, published on Nov. 8 2010)