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KazMunayGas prints its lowest coupon in international market

07 Oct 2020

JSC NC KazMunayGas KMG (Baa3/BBB- Moody’s/Fitch) this week returned to the international debt capital markets after some 36 months’ absence, pricing a USD750m 12.5-year at 3.50% - its lowest-ever USD coupon – equivalent to a spread of T+276bp.

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