/KASE, August 28, 2026/ – National Company "KazMunayGas" JSC (KASE ticker – KMGZ) has announced the following:

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On 26 August 2026, KazMunayGas NC JSC ("KMG") closed the order book for a Eurobond offering (Dim Sum bonds) with an aggregate principal amount of CNY 3.5 billion.

The issuance enabled KMG to raise financing in the Eurobond market at a historically low borrowing cost for the company. The proceeds will be used to finance KMG’s large-scale investment program.

KMG will place CNY 1.5 billion of five-year bonds with a coupon rate of 2.3% per annum and a yield of 2.45%, as well as CNY 2 billion of ten-year bonds with a coupon rate of 2.8% per annum and a yield of 2.98%.

Moody's assigned a Baa1 credit rating to the bonds, in line with KMG's rating. Settlement is scheduled for 2 September 2026.

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[2026-08-28]