Dentons advises Eldik Bank on Kyrgyzstan’s first international sub-sovereign Eurobond issuance
Eldik Bank OJSC has received advice from Dentons for its first issue of Rule 144A/Regulation S US$500 million 8.50% senior unsecured notes. The deal is the Kyrgyz Republic’s first-ever overseas bond sale by a corporate or financial institution issuer, highlighting the nation’s capital markets’ continued growth and investors’ growing faith in its economic prospects. The London Stock Exchange’s International Securities Market is where the bonds are listed.