BTA Bank (Kazakhstan) assigned Lazard Freres as the Bank financial advisor on external debt restructuring

14.07.09 17:26
/KASE, July 14, 09/ - BTA Bank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following press release: quotation start Lazard Freres was assigned as BTA Bank financial advisor and will continue working on the external debt restructuring jointly with the UBS Investment Bank. Lazard Freres is one of the outstanding world financial advisors on assets management, works in 39 cities of 24 countries in North America, Europe, Asia, Australia, Central and South America. The company was founded in 1848 and provides consultative services on acquisition and takeover issues, and restructuring and capitalization of companies, institutions, governments and individuals. Lazard Freres and UBS started informing BTA bank creditors on creation of the Creditors Organizational Committee, which will make easier negotiations with bonds holders, creditors in the trades and financing area on the external debt restructuring. We remind that BTA Bank legal advisors are White & Case and Lovells LLP. The bank advisors team includes independent consultants M. Favale-Tarter, LLC and John Howell & Co, providing recommendations to the National Welfare Fund Samruk-Kazyna on the financial strategy issues. For media contacts: Adil Dosymov, BTA Bank Press Secretary 8 (727) 266-47-97 8 707 3457619 e-mail: dosymov@bta.kz quotation end [2009-07-14]