Announcements
Sidley Represents Baiterek National Managing Holding on US$500 Million Eurobond Issuance
October 10, 2025
Sidley advised Baiterek National Managing Holding JSC (Baiterek) on its successful US$500 million Eurobond issuance with a five-year maturity. The transaction gathered strong demand from U.S., EU, and other international investors, allowing Baiterek to achieve a record borrowing rate, with the coupon set at 4.65% and yield on pricing of 4.85%.
This issuance marks a strategic milestone for Baiterek, further strengthening its position in the international capital markets and expanding its investment capacity to support key development projects.
The Sidley team advised Baiterek on all aspects of the Rule 144A/Regulation S Eurobond offering, and was led by partners Vladimir Mikhailovsky and David Stewart and managing associate Tamara Fayad.
Contacts
*Only admitted to practice in Texas. Not admitted to practice in England and Wales.

*Only admitted to practice in New York. Not admitted to practice in England and Wales.
Offices
Capabilities
Suggested News & Insights
Sidley Represents Appalachian Power Company and Appalachian Power Recovery Funding LLC in US$1.3 Billion Issuance of Senior Secured BondsMay 27, 2026Sidley Advises on the Hong Kong IPO of Shenzhen SDMC TechnologyMay 27, 2026U.S. SEC Grants Exemption From Section 16(a) Reporting Obligations to Directors and Officers of Certain Foreign Private IssuersMay 22, 2026Sidley Advises Bank RBK on Its Debut US$300 Million Eurobond OfferingMay 21, 2026Sidley Advises on Genting Group’s Landmark US$1.25 Billion Perpetual Securities Issuance and Concurrent US$1.5 Billion Tender OfferMay 20, 2026Sidley Advises UISEE Technologies on Its Successful Chapter 18C Listing in Hong KongMay 20, 2026
- Stay Up To DateSubscribe to Sidley Publications
- Follow Sidley on Social MediaSocial Media Directory

