Development Bank of Kazakhstan appointed organizers of eurobonds

/REUTERS, London, February 28, 06/ - The 100-percent state-owned Development Bank of Kazakhstan plans to issue a U.S. dollar-denominated Registration S bond, a source at one of the lead managers said on Tuesday. The bank mandated HSBC and UBS to manage the sale. The bond will be launched following Asian and European roadshows, the banks said. DBK holds a rating of 'Baa3' from Moody's Investors Service, 'BBB-' from Standard & Poor's and 'BBB' from Fitch Ratings. [2006-02-28]