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Kazakhstan’s KTZ Finance talks coupon for upcoming bonds at 8¾%-9%
By Marisa Wong
Morgantown, W.Va., June 8 – KTZ Finance has set the indicative coupon rate in the range of 8¾% to 9% for its upcoming bonds, according to a Kazakhstan Stock Exchange notice.
The bonds will be guaranteed by Kazakhstan Temir Zholy.
Halyk Finance will act as seller.
Settlement is slated for June 13.
Kazakhstan Temir Zholy is an Astana, Kazakhstan-based railway operator.
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