/KASE, May 24, 2021/ – National company "KazMunayGaz" JSC (Nur-Sultan),
whose securities are officially listed on Kazakhstan Stock Exchange (KASE),
today provided KASE with the following communique:
quote
JSC NC "KAZMUNAYGAS" AND KAZMUNAIGAZ FINANCE SUB B.V. ANNOUNCE CONSENT SOLICITATION
IN RESPECT OF THE U.S.$500,000,000 4.750% NOTES DUE 2025, U.S.$1,000,000,000 4.75%
NOTES DUE 2027, U.S.$1,250,000,000 5.375% NOTES DUE 2030, U.S.$1,250,000,000 5.75%
NOTES DUE 2047 AND U.S.$1,500,000,000 6.375% NOTES DUE 2048, IN EACH CASE ISSUED
BY JSC NC "KAZMUNAYGAS" UNDER THE GLOBAL MEDIUM TERM NOTE PROGRAMME OF JSC NC
"KAZMUNAYGAS" AND KAZMUNAIGAZ FINANCE SUB B.V.
JSC NC "KazMunayGas" (the "Issuer" or "KMG") and KazMunaiGaz Finance
Sub B.V. ("KMG Finance") today announce their invitation to each holder (a
"Noteholder") of:
- U.S.$500,000,000 4.750% Notes due 2025 (Reg S ISIN: XS1807299174;
Rule 144A ISIN: US48667QAR65) (the "2025 Notes") of which
U.S.$500,000,000 remains outstanding;
- U.S.$1,000,000,000 4.75% Notes due 2027 (Reg S ISIN: XS1595713782;
Rule 144A ISIN: US48667QAN51) (the "2027 Notes") of which
U.S.$1,000,000,000 remains outstanding;
- U.S.$1,250,000,000 5.375% Notes due 2030 (Reg S ISIN: XS1807300105;
Rule 144A ISIN: US48667QAQ82) (the "2030 Notes") of which
U.S.$1,250,000,000 remains outstanding;
- U.S.$1,250,000,000 5.75% Notes due 2047 (Reg S ISIN: XS1595714087;
Rule 144A ISIN: US48667QAP00) (the "2047 Notes") of which
U.S.$1,250,000,000 remains outstanding; and
- U.S.$1,500,000,000 6.375% Notes due 2048 (Reg S ISIN: XS1807299331;
Rule 144A ISIN: US48667QAS49) (the "2048 Notes") of which
U.S.$1,500,000,000 remains outstanding,
(each, a "Series" and, together, the "Notes"), to consent to certain proposed
amendments (the "Proposed Amendments") being sought (the "Solicitation") to (i)
the terms and conditions of the 2025 Notes, (ii) the terms and conditions of the
2027 Notes, (iii) the terms and conditions of the 2030 Notes, (iv) the terms and
conditions of the 2047 Notes, (v) the terms and conditions of the 2048 Notes and
(vi) the provisions of the trust deeds constituting the 2025 Notes, the 2027
Notes, the 2030 Notes, the 2047 Notes and the 2048 Notes, all as more fully
described in the Memorandum (as defined below) (the "Proposal").
The Solicitation is made on the terms and subject to the conditions set forth in
the Consent Solicitation Memorandum dated 24 May 2021 (the "Memorandum").
Terms used in this announcement but not defined herein have the respective
meanings given to them in the Memorandum
unquote
The full version of the communique is available on KASE website:
-
https://kase.kz/files/emitters/KMGZ/kmgz_reliz_240521_1.pdf – in Russian;
-
https://kase.kz/files/emitters/KMGZ/kmgz_reliz_240521_eng_1.pdf – in English.
[2021-05-24]