Kazkommertsbank increased volume of eurobonds issue to $200 m.

25.07.06 21:46
/REUTERS, Moscow, July 25, 06/ - Kazakhstan Kazkommertsbank increased volume of eurobonds issue with maturity in year 2016 by $50 m. to $200 m., the message says. The biggest bank of Kazakhstan earlier issued ten-year notes of participation in credit (LPN) trough daughter company Kazkommerts Finance 2 B.V with coupon rate equal to 8.625%. Re-offering was conducted on nominal, the rate was not changed - 8.625 5% APR. [2006-07-25]