6 days ago
China's Debt Market Beckons Debut Borrower in Kazakh Oil Giant
Kazakhstan's state-owned oil producer KazMunayGas National Co. is exploring options including yuan-denominated bonds as a cheaper way to raise funds from abroad, according to its chief executive officer.
'Depending on the market conditions, we may borrow,' Askhat Khassenov said in an interview. 'We looked at all options. Currently there is a possibility to sell dim sum, panda bonds' or debt in Arab countries, he said.
