KazAgro National Management Holding announces tender offer and consent solicitation in respect of international bonds XS0934609016, US48668JAA88 (KZAGe1)

23.01.19, 14:34
/KASE, January 23, 2019/ – KazAgro National Management Holding (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote JOINT STOCK COMPANY "KAZAGRO" NATIONAL MANAGEMENT HOLDING ANNOUNCES TENDER OFFER AND CONSENT SOLICITATION IN RESPECT OF THE U.S.$1,000,000,000 4.625% NOTES DUE 2023 (ISIN (REG S): XS0934609016; ISIN (RULE 144A): US48668JAA88; CUSIP (RULE 144A): 48668JAA8) ISSUED UNDER ITS GLOBAL MEDIUM TERM NOTE PROGRAMME. Joint Stock Company "Kazagro" National Management Holding (the "Issuer") today announces its invitations to each holder (the "Holders") (subject to certain offer and distribution restrictions referred to below) of the Issuer's outstanding U.S.$1,000,000,000 4.625% notes due 2023 (the "Notes") to tender any and all of the outstanding Notes for purchase by the Issuer for cash (the "Tender Offer") and concurrently with the Tender Offer, to consent to amend, by way of extraordinary resolution of the holders (the "Extraordinary Resolution"), the terms and conditions of the Notes (the "Conditions") to provide for mandatory early redemption of the Notes by the Issuer (the "Proposal", and together with the Tender Offer, the "Offer"). unquote The full press release (in Russian) is available on KASE website – http://kase.kz/files/emitters/KZAG/kzag_reliz_220119_1.pdf [2019-01-23]