Kazakhstan Bank CenterCredit floated eurobonds for $300 m.

/INTERFAX, Moscow, January 27, 06/ - Company CenterCredit International B.V. floated eurobonds for $300 m., dedicated for financing of deposit in Kazakhstan Bank CenterCredit, Bloomberg agency informed. Bonds' yield, issued with 5 year circulation term, is 8%. Managers of floatation were Citigroup and ING Bank. International rating agency Fitch assigned issue of eurobonds of company CenterCredit International B.V. long-term rating "ВВ-". At present time the bank's long-term rating is also at the level "ВВ-". As it was informed, CenterCredit provides unconditional and irrevocable guarantee on duly and full payment of eurobonds as per trust agreement between the bank and Deutsche Trustee Company Limited. Bank CenterCredit is one of the six biggest banks of Kazakhstan. By the results of the first half of 2005 CenterCredit occupied 32nd place on volume of assets in ranking of Interfax-1000: Banks of CIS, prepared by Interfax- CEA. [2006-01-27]