News and analysis from Kazakhstan - Dec 04th 2008
energy
KazMunaiGas floats five- and ten-year notes
Kazakhstan national oil and gas company KazMunaiGas floated five- and ten-year notes on Wednesday worth $3 billion, Interfax-Kazakhstan reported citing Bloomberg.
The company offered five-year securities with the coupon rate at an annual rate of 8.375% valued at $1.4 billion and ten-year notes at 9.125% worth $1.6 billion. The spreads above the U.S. Treasure securities are 4.02 percent and 5.15 percent.
The notes have Baa1 rating from Moody’s and BBB from Standard & Poor’s.
Lead managers of the issue were ABN Amro Holding NV, Citigroup Inc. and Credit Suisse Group.
Tags: Related articles
November 28, 2008
November 24, 2008
November 19, 2008
November 9, 2008
October 22, 2008
October 22, 2008
October 16, 2008
October 14, 2008
September 30, 2008
September 27, 2008
September 23, 2008
September 12, 2008
© 2008 Silk Road Intelligencer. 
Discussion
No comments for “KazMunaiGas floats five- and ten-year notes”
Post a comment