Samruk Energy takes advice to issue benchmark for debut
Samruk Energy printed a $500m five year global debut on Thursday after increasing the deal size in response to investor requests.
The Kazakhstan quasi-sovereign borrower rated BB+/BBB had originally approached investors with proposals for a $200m issue during a three-day roadshow in London and Switzerland that wrapped up on December 5.Syndicate officials confirmed, however, that investor meetings strongly indicated that a smaller deal sized to ...
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