OREANDA-NEWS. On March 24, 2009 Kazkommertsbank (Almaty), a company listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release, reported the press-centre of KASE:

Kazkommertsbank announced on a tender for acquisition of bonds issued through Kazkommerts DPR Company (special financial company) and guaranteed by future incoming payments of the bank in USD.

Floating interest rate bonds for a total of USD950 million were issued in 2005, 2006 and 2007.

The organizer of the tender offer is Merrill Lynch.