Kazakhstan prepares new 5-year Eurobond issueKazakhstan has held a global investor call as it prepares a new 5-year Eurobond issue, Teniz Capital Investment Banking said in a statement on the Kazakhstan Stock Exchange (KASE).Subject to market conditions, Kazakhstan plans to issue benchmark-sized Eurobonds — senior unsecured, euro-denominated and with a five-year maturity, according to the statement.Citi, J.P. Morgan and Société Générale have been appointed joint lead managers and joint bookrunners, with Teniz Capital Investment Banking as lead manager in Kazakhstan.The bonds are expected to be listed on the London Stock Exchange (LSE), the Astana International Exchange (AIX) and the Kazakhstan Stock Exchange (KASE).Kazakhstan has credit ratings of “Baa1” from Moody's, “BBB” from S&P and “BBB” from Fitch, all with stable outlooks. (ICE ALMATY)

Fonte notizia: INTERFAX