Kazatomprom to hold Eurobond road show early May
ALMATY. April 26 (Interfax) - Kazatomprom will hold a road show for Eurobonds early May, Kazakhstan's national nuclear corporation said in a statement.
Kazatomprom said it had mandated BNP Paribas and JP Morgan as joint lead managers and book-runners and Kazakhstan's Halyk Finance as the local lead manager for what will be a debut bond issue under 144A/RegS.
Fitch has assigned an expected priority unsecured rating of "BBB-" to the planned offering.
Kazatomprom is Kazakhstan's national operator for exports of uranium and its compounds, rare metals, nuclear power plant fuel, special equipment, technologies and double-use materials. The main activities of the company are: geological exploration, uranium production, manufacture of nuclear fuel cycle products, reactor construction, nuclear power plants, non-ferrous metallurgy and production of construction materials, electric energy sector, science, social welfare and staff training. Kazatomprom is among the world's leading uranium production companies.