FITCH ASSIGNS FINAL BB+ RATING TO ASTANA FINANCES EUROBOND

Fitch Ratings has today assigned a final Long-term rating of BB+ to Astana Finance B.V.s USD125million 7.625% bond due 2009, which has been guaranteed unconditionally and irrevocably by JSC Astana Finance.

IFR. "Astana makes a difference"

Astana Finance (Ba1/BB+) attracted a healthy book of USD 380 million for last Tuesdays USD 125 million Reg S three-year bond with 48 accounts participating. The debut Reg S only Eurobond has a 7.625% coupon (the lowest for any three-year Kazakh tran

EURO WEEK. "Astana Finance pull in the investors crowds"

Astana Finance, the issuing entity of the City of Astana, Kazakhstans capital, sold USD 125 million of three year bonds on Tuesday at 7.85%, or 328bp over US Treasuries.

BOND RADAR. "Astana Finance debuts with a $125mm 3-year"

Today’s issue from Kazakhstan’s Astana Finance priced at 7.85pc and offers some diversity away from private banking product which have dominated issuance out of the country in recent times.

updated 09.12.2008