EBRD invests US$ 125 million in Kazakhstan Railways bond
Kazakhstan, April 29 -- The European Bank for Reconstruction and Development (EBRD) is helping to improve Central Asia's regional connectivity and boosting the operational efficiency of Kazakhstan Temir Zholy (KTZ or Kazakhstan Railways) by investing up to US$ 125 million in a Eurobond issue by the company of up to US$ 1 billion, which was listed on the London Stock Exchange, Kazakhstan Stock Exchange and Astana International Exchange.The EBRD's investment will help to modernise passenger stations across Kazakhstan, supporting improvements in their safety and operational performance. The updated stations will have higher throughput capacity, modern lighting and significant enhancements for disabled passengers.Additional infrastructure upgra...
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