/KASE, August 6, 13/ – Zhaikmunai (Oral), whose bonds are officially listed on
Kazakhstan Stock Exchange (KASE), today provided KASE with the following
press-release:
quote
Zhaikmunai Standard and Poor's (S&P) Rating Raised To 'B+' on Strong Operational
Track Record and Robust Credit Metrics; Outlook Stable
Amsterdam, 5 August 2013 – Zhaikmunai L.P. (LSE: ZKM) ("Zhaikmunai"), the oil
and gas exploration and production enterprise with assets in north-western
Kazakhstan, today reports that Standard & Poor's Ratings Services raised its
long-term corporate credit rating to 'B+' from 'B'. The outlook is stable. S&P
also raised the issue ratings on Zhaikmunai's senior secured notes to 'B+' from
'B'.
FULL RELEASE
The full press release is available on the following link:
http://ratings.standardandpoors.com/corporates/EMEA-Commodities.html
Further information
For further information please visit www.zhaikmunai.com
Further enquiries
Zhaikmunai LP – Investor Relations
Bruno Meere
Kirsty Hamilton-Smith
investor_relations@zhaikmunai.com + 44 (0) 1624 68 21 79
Deutsche Bank +44 (0) 20 7545 8000
Ben Lawrence
JM Hafner
Rob Abbott
VTB Capital plc +44 (0) 20 3334 8000
Alexander Metherell
Marcus Brown
Giles Coffey
College Hill + 44 (0) 207 457 2020
David Simonson
Catherine Wickman
Anca Spiridon
unquote
[2013-08-06]