Kazakhtelecom Issued Bonds for 45,5 bn Tenge
OREANDA-NEWS. November 10, 2009. Kazakhtelecom JSC placed indexed bonds issue without security for amount of 45,5 billion tenge with floating coupon fee rate and 10 years of circulation term, reported the press-centre of Kazakhtelecom.
Coupon fee will be paid every six months. Indexed bonds repayment will be made in equal semiannual payments after two years of grace period by Kazakhtelecom JSC.
Rating estimate "BB/kzA" has been awarded to the bonds by Standard & Poor's, the international rating agency, thereby bonds have been included to he official schedule of Kazakh Stock Exchange JSC by category "Debt securities with rating estimate".
Means from bonds placing will be directed to refinancing of external debt instruments and further development of main Kazakhtelecom JSC activity.
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