Baku, Azerbaijan, Nov. 8
By Elena Kosolapova - Trend:
Kazakhstan Engineering will issue eurobonds worth $200 million, the company reported.
The corresponding decision was taken by the company's Board of Directors.
The eurobonds value makes 144 percent of the of the company's equity and 47 percent of the company's assets.
The company provided no information on the terms of the eurobonds issue.
The Kazakh National Company 'Kazakhstan Engineering' is administered by the Kazakh Defense Ministry. In total, the company unites 24 enterprises located in different regions of the country. The company's mission is to ensure the state's strategic interests in the development of the defense industry, manufacturing high-quality military-industrial products and services to the Kazakh Defense Department and other law enforcement agencies.
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