Tsesnabank JSC had appointed Citigroup and Dresdner Kleinwort as the organizers of the issue of eurobonds

16.01.07 11:50
/INTERFAX-AFI, Moscow, January 15, 07, title IRBIS/ - Kazakhstan commercial Tsesnabank had charged Citigroup and Dresdner Kleinwort with the organization of issue of eurobonds, nominated in euro, informed the Interfax-AFI agency the source in Russian banking circles, acquainted with terms of deal. It is expected that the term of papers' circulation will total 3 years. Road show of the issue is starting on January 18 in Hong Kong, finishing on January 24 on Frankfurt and Vienna. Tsesnabank was founded in year 1992, its head office is in Astana. Bank has subsidiaries in 8 big cities of Kazakhstan. By the totals of year 2005 it had occupied the 193rd place according to volume of assets in the ranking Interfax-1000: Banks of CIS, prepared by Interfax-CEA. [2007-01-16]