National Company KazMunayGas JSC announces completion of partial early repurchase of international bonds XS1595714087, US48667QAP00 (KMGZe12) and XS1807299331, US48667QAS49 (KMGZe15)
/KASE, December 26, 2025/ – National Company KazMunayGas JSC (KASE ticker – KMGZ) reported the following:
beginning of quote
NC KazMunayGas JSC (hereinafter, KMG) announces that according to decision of the KMG Board of Directors (extract from minutes No. 19/2025 dated November 21, 2025), on December 22 of this year, KMG completed the procedure of partial early repurchase of its own Eurobonds maturing in 2047 (ISIN XS1595714087, Rule 144A ISIN US48667QAP00) for a total principal amount of $250,000,000, and maturing in 2048 (ISIN XS1807299331, Rule 144A ISIN US48667QAS49) for a total principal amount of $249,875,000.
Simultaneously with repurchase of the said Eurobonds, KMG paid their holders all accrued but unpaid interest:
1. Eurobonds (ISIN XS1595714087, Rule 144A ISIN US48667QAP00),
The payable interest amounted to $1,996,527.67;
The actually paid interest amounted to $1,996,527.67.
2. Eurobonds (ISIN XS1807299331, Rule 144A ISIN US48667QAS49),
The payable interest amounted to $1,991,191.66;
The actually paid interest amounted to $1,991,191.66.
The repurchased bonds (ISIN XS1595714087, Rule 144A ISIN US48667QAP00) for a total face value of $250,000,000 (in the amount of 250,000 units at the rate of 1 bond with face value of $1,000), as well as (ISIN XS1807299331, Rule 144A ISIN US48667QAS49) for a total face value of $249,875,000 (in the amount of 249,875 units at the rate of 1 bond with face value of $1,000) were cancelled and redeemed on December 9, 2025.
The remaining bonds (ISIN XS1595714087, Rule 144A ISIN US48667QAP00) for the principal debt amount of $1,000,000,000 (in the amount of 1,000,000 units at the rate of 1 bond with face value of $1,000), as well as (ISIN XS1807299331, Rule 144A ISIN US48667QAS49) for the principal debt amount of $1,250,125,000 (in the amount of 1,250,125 units at the rate of 1 bond with face value of $1,000) were not repurchased and continue to circulate.
end of quote
Full version of the press release in Kazakh, Russian and English is available at see more
[2025-12-26]