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Article: Bracewell & Giuliani Represents KazMunayGas in One of the Largest-Ever Emerging Market Corporate Bond Offerings.
- Article from:
- Business Wire
- Article date:
- July 2, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSTON -- Bracewell & Giuliani LLP announced today that JSC National Company KazMunayGas' ("KMG") $3 billion debut offering of notes was successfully completed today. This bond offering is the biggest ever in the Central and Eastern Europe market and one of the largest deals ever completed out of any emerging market.
Bracewell represented KMG in this offering, which was divided into two tranches of notes - 5-year maturity notes with an aggregate principal amount of U.S. $1.4 billion and 10-year maturity notes with an aggregate principal amount of U.S. $1.6 billion - which were placed with institutional investors in the United States, Europe and Asia after a very ...