JPMorgan amassed a book of USD 380 million from 48 accounts, most of them in the UK, which bought 38% of the deal. Germany took 17%, Asia 16%, Scandinavia 14%, Switzerland 10% and others 11%. Asset managers got 63%, banks 21% and private banks 16%. Alexander Savchuk, chairman of the management board of Astana Finance (Ba1/BB+), told EuroWeek yesterday (Thursday) that he was pleased with the successful execution of the debut, which he said offered investors a great diversity play away from the rich run of private bank paper from Kazakhstan. "The credit story of Astana Finance, which is owned for 30.1% by the City of Astana, represents an interesting prospect for investors as it provided them with a rare opportunity to gain exposure to a quasi-sovereign borrower," said Savchuk. "There has been a lot of supply from the private banking sector and I think investors have been looking for a different credit story. I think the bonds size and the price achieved demonstrate that investors appreciated Astanas story."