KMG hits the road

18 Apr 2013

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-.

Kazakhstan’s 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 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial