National Company "KazMunayGas" JSC and KazMunaiGaz Finance Sub B.V. announce the results of the tender offer for international bonds XS1807300105, US48667QAQ82 (KMGZe14)
/KASE, September 21, 2026/ – National Company "KazMunayGas" JSC (KASE ticker – KMGZ) has announced the following:
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KazMunayGas National Company Joint-Stock Company (the "Issuer"), KazMunaiGaz Finance Sub B.V. ("KMG Finance" and, together with the Issuer, the "Offerors") announce today the final results of their previously announced offer to purchase for cash the Issuer's outstanding 5.375% Notes due 2030 (the "Notes" and such offer, the "Tender Offer").
The Offerors made the Tender Offer, on the terms and subject to the conditions set forth in the offer to purchase dated 19 August 2026 (the "Offer to Purchase"). Capitalized terms used in this announcement and not otherwise defined have the meanings ascribed to them in the Offer to Purchase.
As previously announced on 3 September 2026, at the Early Tender Time, the Offerors accepted for purchase U.S.$ 500,000,000 in principal amount of the 5.375% Notes due 2030 (the "Accepted Notes") after applying the relevant proration factor to the aggregate principal amount of the Notes tendered at the Early Tender Time. On the Early Settlement Date, the Offerors paid the Total Consideration, which included the Early Tender Payment, plus Accrued Interest in respect of the Accepted Notes.
As the principal amount of Notes tendered at the Early Tender Time exceeded U.S.$500,000,000 (being the Maximum Tender Amount) in aggregate principal amount, none of the Notes tendered after the Early Tender Time but before 5:00 p.m., New York City time, on 18 September 2026 (the "Expiration Time") were accepted for purchase.
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[2026-09-21]