KMG hits the road
KazMunaiGaz (KMG) has hired Bank of America Merrill Lynch, Barclays and local Halyk Bank for a new dollar bond. Meetings for the deal started in London on Tuesday (April 16).
KMG is rated Baa3/BBB-.
Kazakhstans state oil and gas company Kazmunaigaz mandated Royal Bank of Scotland and VTB Capital to arrange a series of investor meetings in October but said at that time that it was not looking to print a deal until 2013.KMG has $1.4bn of an ...