business and economy

BTA Bank repays USD250 Eurobonds

By SRI ⋅ January 26, 2009 ⋅ Email This Post Email This Post ⋅ Print This Post Print This Post ⋅ Post a comment

(SRI) - BTA Bank, Kazakhstan’s largest bank, said Friday that it repaid its two-year, USD250-million Eurobonds.

The Eurobonds, arranged by JP Morgan and CreditSuisse, were issued in January 2007 as part of the Global Medium Term Notes program and carried a coupon of 3-month LIBOR + 1.375 percent.

According to estimates, BTA Bank is facing total repayments of USD3 billion this year, by far the most among all Kazakh banks.

Share/Save/Bookmark

Print This PostTags: , ,

Related articles

Discussion

No comments for “BTA Bank repays USD250 Eurobonds”

Post a comment

ANALYSIS: A thaw in Kazakhstan as real estate prices rise again
January 19, 2010
ANALYSIS: Kazakhstan 2010: A transition year
January 13, 2010
Kazakhstan plans tighter regulation of financial sector
December 17, 2009
ANALYSIS: Stagnation in store for Kazakhstan’s banking sector
December 1, 2009
Central Asia’s electricity system falls apart
November 28, 2009
ANALYSIS: Kazakhstan prepares for return of good old commercial banking
October 27, 2009
ANALYSIS: Residential real estate: Good days in Kazakhstan still another 2-3 years off
October 22, 2009
ANALYSIS: Chinese investments in Kazakh energy worry Europeans
October 17, 2009
ANALYSIS: Kazakhstan’s railways to get $36-billion overhaul
October 4, 2009
ANALYSIS: Kazakhstan’s Islamic finance market starts to grow
October 2, 2009
ANALYSIS: A year of opportunity for Halyk Bank
October 1, 2009
Central Asia’s biggest mall opens in Almaty
September 17, 2009
ANALYSIS: Kazakh bank BTA unveils restructuring options to creditors
September 14, 2009
Foreign investors remain skeptical about Kazakhstan
September 3, 2009
ANALYSIS: Alliance Bank: Clear as mud
August 26, 2009
Silk Road Intelligencer
Enter your email to sign up


 

January 2009
M T W T F S S
« Dec   Feb »
 1234
567891011
12131415161718
19202122232425
262728293031  
Business New Europe