/KASE, August 8, 2018/ – National managing holding KazAgro (Аstana), whose bonds
are officially listed on Kazakhstan Stock Exchange (KASE), has provided the KASE
with press release dated August 7, 2018, which states as follows:
quote
The Issuer hereby informs the Holders that the Decisions taken by a qualified
majority in respect of each series of Bonds that are set out in the Notice of
holding the meetings of the Bond holders dated July 6, 2018 were duly adopted
at the Meetings of the Bondholders held today. Additional agreements for the
provision of services of a fiscal agent ("Supplementary agreements for the
provision of services for a fiscal agent") in respect of each series of Notes
dated 7 August 2018 were signed by the Issuer and Citibank NA, the London branch
acting as fiscal agent and the amendments thereto The terms of each series of
Bonds were adopted and put into effect from today.
Bonds of 2019
As of Expiration time, that is 10 h. 00 min. (London time) on August 3, 2018, the
Issuer received valid Orders for redemption in respect of the Notes of 2019 in
the amount of EUR420,442,000. The Issuer intends to redeem all properly presented
to redemption of the Bonds of 2019, as well as to pay the corresponding Accrued
interest income, the Amount of payment under the Offer for redemption and the
Amount of payment for early filing for redemption on the Settlement Date.
The decision taken by a qualified majority of votes on the Bonds of 2019 was
adopted in due course at the Meeting of Bondholders of 2019. The Issuer,
accordingly, intends to pay the Payment for consent for the Bonds of 2019 to
those Holders who sent the Orders for redemption or the Order on voting in favor
of the Proposal to amend the terms of the Bonds of 2019 not later than the
Deadline for the acceptance of early applications, on the Settlement Date.
Bonds of 2023
As of Expiration time, that is 10 h. 00 min. (London time) on August 3, 2018, the
Issuer received valid Orders for voting in favor of the Bond Offer of 2023 in
respect of the Bonds of 2023, as a result of which the Resolution passed by a
qualified majority of votes on the Bonds of 2023 was adopted in the established
manner at the Meeting holders of the Bonds of 2023. The Issuer, accordingly,
intends to pay the Payment for consent for the Bonds of 2023 to those Holders who
sent Orders for voting in favor of the Offer for the Bonds of 2023 not later than
the Deadline for the acceptance of early applications, on the Settlement Date.
The date of settlement will be August 10, 2018. All Bonds purchased by the Issuer
within the framework of the Offer for redemption of the Bonds of 2019 will be
transferred for repayment to the Registrar.
unquote
Full version of the press release is posted on the KASE website (in Russian) -
http://kase.kz/files/emitters/KZAG/kzag_reliz_070818_1.pdf
[2018-08-08]