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Commerzbank EM Credit Notes - Astana Finance restructuring

September 26, 2011 Commerzbank

After long negotiations with creditors Astana Finance announced restructuring terms. Repayments seem much lower than was the case with the restructured banks and unlikely to offer upside to the 18 cents per dollar indicative offer price for its illiquid bond.

For more details go to our Comments section.

Company — Astana-finance