Alliance Bank JSC offered the second eurobond issue

/Alliance Bank JSC, November 25, 05 / - Alliance Bank JSC on November 15 of 2005 successfully offered the second eurobond issue. The 5-year bonds for a total of USD200 m. with 9% coupon are to be redeemed in November of 2010. The issue has been offered among institutional and private investors from Europe and Asia and registered on the international "Rule - S". ABN Amro Bank N.V. and Citigroup Global Markets Ltd. acted as the leading joint managers of transaction. International investors submitted 61 bids for bonds purchase. Investors from Asian countries purchased 46%, Switzerland 16%, Great Britain 8%, The remaining part was offered in other European countries. Purchasers were mainly private banks and commercial banks, the stakes of which are 61% and 24% correspondingly. Moody's Investors Service assigned "Ba2" long-term rating to the issue. Fitch Ratings assigned "B+" rating. These ratings coincide with the bank's long- term ratings. The bank will spend the borrowed funds for financing various sectors of the country's economy. Assets of Alliance Bank JSC as of November 1 of 2005 were KZT233.4 bn., equity capital -- KZT27.3 bn., liabilities - KZT206.1 bn. The Bank's profit for 10 months - KZT1.3 bn. [2005-11-25]