17 May 2010 13:49

Kazakh miner ENRC to offer $3 bln in Eurobonds

ALMATY. May 17 (Interfax) - Eurasian Natural Resources Corporation (ENRC) intends to offer $3 billion in Eurobonds, the Kazakh miner said in a statement.

ENRC has registered a Euro Medium Term Note program worth $3 billion and had the EMTN prospectus registered by the UK Listing Authority.

The program is "in line with ENRC's strategy of diversifying potential sources of funding," ENRC said.