KazMunaiGas sells notes (MTN) $3 bn. worth at private offering

25.06.08 16:29
/REUTERS, June 25, 2008/ - On Tuesday, KazMunaiGas sold medium term notes of $3 bn. worth during private offering according to rule 144a at two tranches: for $1.4 bn., 8.5 % APR yield and for $1.6 bn., 9.25 % APR yield, International Financing Review informed. ABN Amro, Citigroup, Credit Suisse performed as joint participant of the offering. The first tranche with maturity in 2013 was sold at 99.499 % face value with 8.375 % APR coupon rate, and the second (with maturity in 2018) at 99.196 % face value with 9.125 % APR coupon rate. [2008-06-25]