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Latham Advises on Republic of Kazakhstan’s US$2.5 Billion Dual-Tranche Bond Offering
July 1, 2025
London Capital Markets team represents the Republic of Kazakhstan in the transaction.
Latham & Watkins has advised the Republic of Kazakhstan on the US$1.35 billion 5.00% notes due 2032 and US$1.15 billion 5.50% notes due 2037 issued by the Republic of Kazakhstan represented by the Ministry of Finance. The notes have been issued pursuant to Regulation S and Rule 144A of the US Securities Act and listed on the LSE, AIX, and KASE. Citigroup, J.P. Morgan, and Société Générale acted as joint lead managers and Halyk Finance and Teniz Capital acted as local managers.
The Latham team was led by London partners Manoj Tulsiani, Mikhail Turetsky, and Ryan Benedict, with associate Alexander Kartyshev. Advice on US tax matters was provided by Chicago partner Enrique Rene de Vera.