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Published on 3/17/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kazakhstan's Doszhan buys back portion of infrastructure bonds

By Marisa Wong

Madison, Wis., March 17 - JSC Doszhan Temir Zholy said it repurchased KZT 144.8 million principal amount of its KZT 30 billion infrastructure bonds due 2028 on the trading floor of the Kazakhstan Stock Exchange on Feb. 24.

As of March 1, the issuer has bought back a total of KZT 208.02 million of the infrastructure bonds.

Doszhan Temir Zholy constructs and operates railway lines and is based in Almaty, Kazakhstan.


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