National Company KazMunayGas announces consent solicitation offer in respect of four issues of international bonds

27.02.19, 17:59
/KASE, February 27, 2019/ – National Company KazMunayGas (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated February 27, 2019: quote Today, NC KazMunayGas JSC ("Issuer") and KazMunaiGas Finance Sub B.V. ("KMG Finance") announce their offer to each holder of the following bonds: - U.S. $500,000,000 3.875% NOTES DUE 2022 (Reg S ISIN: XS1595713279; Rule 144A ISIN: US48667QAM78) ("Notes 2022"), of which U.S. $500,000,000 remain outstanding; - U.S. $1,000,000,000, 4.40% NOTES DUE 2023 (Reg S ISIN: XS0925015074; Rule 144A ISIN: US46639UAA34) ("Notes 2023"), of which U.S. $406,564,000 remain outstanding; - U.S. $1,000,000,000, 4.75% NOTES DUE 2027 (Reg S ISIN: XS1595713782; Rule 144A ISIN: US48667QAN51) ("Notes 2027"), of which U.S. $1,000,000,000 remain outstanding; and - U.S. $1,250,000,000, 5.75% NOTES DUE 2047 (Reg S ISIN: XS1595714087; Rule 144A ISIN: US48667QAP00) ("Notes 2047"), of which U.S. $1,250,000,000 remain outstanding, to concent to make certain solicitated changes ("Proposed Changes"), ("Consent Solicitation Offer"), in (i) the terms of Notes 2022, (ii) the terms of Notes 2023, (iii) in the terms and conditions of Notes 2027, (iv) the terms and conditions of Notes 2047 and (v) in the provisions of fiduciary management agreements forming Notes 2022, Notes 2023, Notes 2027 and Notes 2047 in accordance with detailed description in the Consent Solicitation Memorandum (according to the below definition) ("Change Proposal"). Consent Solicitation Offer was made on the terms set forth in the Consent Solicitation Memorandum dated February 27, 2019 ("Consent Solicitation Memorandum"). To vote for Consent Solicitation Offer, holders of notes must submit Voting Instructions to Buyback and Voting Agent by the time indicated in relevant Meeting Notice dated March 27, 2019 ("Voting Deadline") or take other measures for voting at the relevant Meeting to be held at the time indicated in respective Meeting Notice dated March 29, 2019. unquote Full press release is available on KASE website (in Russian) at – http://kase.kz/files/emitters/KMGZ/kmgz_reliz_270219_1.pdf Appendices to the press release containing forms of notice of bondholders meeting are available on KASE website at – http://kase.kz/ru/issuers/KMGZ/y2019g7 [2019-02-27]