Kazkommertsbank is raising $750 million in a sale of Eurobonds, Reuters reports. The issue, which will mature in 2018, is a part of an overall $2 billion debt issuance program, approved by U.K. authorities. The Kazakh lender, which trades in London and Kazakhstan, has hired JPMorgan and UBS to mandate the transaction. The Eurobond sale was postponed from November after Kazkommertsbank waited for market conditions to improve.

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