DEVELOPMENT BANK OF KAZAKHSTAN JSC FLOATED 10-YEAR EURONOTES FOR $100 MN

/IRBIS provided by REUTERS, 30.10.03/ - Development Bank of Kazakhstan JSC (Astana) has floated on Thursday eurobonds for $100 mn, issued under the program EMNT, according to the information of UBS Investment Bank, which acted as a lead manager. Below main parameters of the issue are presented, published by REUTERS ------------------------------------------------------ Borrower JSC Development Bank of Kazakhstan Issue Amount $100 million Maturity Date November 12, 2013 Coupon 7.375 pct Reoffer price 97.945 Spread 340 basis points Payment Date November 12, 2003 Lead Managers UBS Investment Bank Ratings Baa3 (Moody's), BB+ (S&P), BB+ (Fitch) Listing Lux Full fees 0.45 pct Denoms(K) 1-10-100 Governing Law English Negative pledge Yes Force Majeure IPMA 2 Cross Default Yes ------------------------------------------------------ [2003-10-30]