KazMunaiGaz places $800 mln in bonds on domestic market
ALMATY. Oct 5 (Interfax) - Kazakh national oil and gas concern KazMunaiGaz plans to raise 120 tenge ($795 million) on the domestic market through placing a 10-year bond issue, the Kazakh Stock Exchange (KASE).
The issue has already gone through a listing procedure on the KASE.
One bond at face value comes to 1,000 tenge. The issue features a semiannual coupon indexed for inflation, the company said.
The start of circulation for these bonds on the KASE will be announced later.
KazMunaiGaz's registrar is Almaty-based OJSC Fund Center.