U.S. court grants Alliance Bank bankruptcy protection

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ATF Bank issues $102 million domestic debt

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U.S. court grants BTA bankruptcy protection

(SRI) - A U.S. bankruptcy court granted BTA Bank protection from U.S. creditors so that it may complete the restructuring of its $11.6-billion debt, Reuters reported.

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Samruk-Kazyna to support Astana Finance

(SRI) - Astana Finance said on Wednesday it had signed a Memorandum of Understanding (MoU) with the state holding and investment company Samruk Kazyna, as it works to restructure its $1.7-billion debt.

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Samruk-Kazyna to borrow $1 billion on global markets

(SRI) - Samruk-Kazyna, Kazakhstan’s state investment and holding company, plans to raise up to $1 billion on international capital markets in 2010, its chairman Kairat Kelimbetov said last week.

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Kazakhstan Kagazy proposes debt restructuring plan

(SRI) - Kazakhstan Kagazy, the LSE-listed paper producer, proposed to extend the maturities of its outstanding liabilities as it seeks to secure a debt restructuring plan.

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Banking sector debt falls by $8.2 billion in 2009 - Marchenko

(SRI) - Total foreign debt of Kazakh banks decreased by $8.2 billion in 2009, central bank chairman Grigoriy Marchenko said on Tuesday.

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Tsesnabank repays $125-million Eurobond

(SRI) - Tsesnabank said on Monday it had repaid a $125-million Eurobond using its own funds.

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Kazakh lender BTA Bank files U.S. bankruptcy

(Reuters) - BTA Bank , the second-largest bank in Kazakhstan, sought bankruptcy protection in the United States to protect itself from U.S. creditors while it restructures $11.6 billion of debt at home.
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Kazakhstan Kagazy seeks to restructure $105-million debt

(SRI) - Kazakhstan Kagazy Plc, the largest paper producer in Central Asia, said it is seeking to restructure all of its outstanding bonds valued at approximately $105 million, the company said in a statement on the Kazakhstan Stock Exchange (KASE).

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