Alliance Bank JSC (Kazakhstan) to issue bonds
03.06.05 11:08
/KASE, June 3, 05/ - Alliance Bank JSC (Almaty), whose shares and bonds
are traded in Kazakhstan sock exchange's (KASE) official "A" listing
category, has informed KASE by the official letter that during the meeting of
bank's Board of directors on May 25 of 2005 it was decided to issue
eurobonds in US dollars.
According to bank's data bonds circulation term will be 3-5 years. HSBC
Bank and JPMorgan Bank have been elected the leading managers of the
issue. Coupon rate will be determined by the results of floatation.
Detailed information will be given by the bank to KASE later.
[2005-06-03]