KTZ covers tender needs with fresh bond
National rail company Kazakhstan Temir Zholy (KTZ) has printed a $780m 10 year trade that came around 18bp wide of fair value on a yield basis, though the deal easily covers the amount needed to finance a tender offer on the borrower’s 2020s.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: