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Published on 11/14/2005 in the Prospect News Emerging Markets Daily.

Kazakhstan's Alliance Bank to price $200 million of five-year notes early Tuesday morning

By Reshmi Basu

New York, Nov. 14 - Kazakhstan's Alliance Bank will price $200 million of five-year notes early Tuesday morning, according to a market source.

The size of the book was around $240 million Monday. Investors out of Asia made up 50% of the orders so far, followed by Europe with 40% and the United States with 10%.

Early last week, the country set price guidance at 9 1/8% to 9 3/8%.

ABN Amro and Citigroup are managing the sale.


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