KazakhGold reduced the indication of eurobonds profitability by $150 m. to 9.375%-9.5%

26.10.06 20:52
/REUTERS, London, October 26, 06/ - Gold-producing company KazakhGold reduced the indication of seven-year eurobonds profitability by $150 m. to 9.375-9.5% APR from 9.75%, the source informed on the market. Pricing of eurobonds is expected to take place later on Thursday. According to the source, there exists the possibility to increase volume of the issue, however, he did not provide the details. KazakhGold is the mother company of Kazakhstan gold-producer Kazakhaltyn. [2006-10-26]