/KASE, November 2, 12/ - LLP "Zhaikmunai" (Oral), whose bonds are officially
listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the
following press-release of November 2, 2012:
quote
On October 19, 2012, Zhaikmunai International B.V. (the "Offeror"), which is a
subsidiary of Zhaikmunai L.P. (LSE:ZKM) the oil and gas exploration and
production enterprise with assets in north-western Kazakhstan, announced the
commencement of a tender offer (the "Tender Offer") to purchase for cash any and
all of Zhaikmunai LLP's (the "Issuer") outstanding 10.50% Senior Notes due 2015
(the "Notes"). The Tender Offer is being made on the terms and subject to the
conditions contained in the Offer to Purchase dated October 19, 2012. Capitalized
terms used but not otherwise defined in this announcement shall have the meaning
given to them in the Offer to Purchase.
The Offeror is pleased to announce that, as of the Early Tender Date of 5:00 p.m.,
New York City time, on November 1, 2012, an aggregate principal amount of Notes
of approximately U.S.$348 million has been validly tendered pursuant to the Tender
Offer. As the Withdrawal Deadline expired at 5:00 p.m., New York City time, on
November 1, 2012, all Notes validly tendered prior to the Early Tender Date may no
longer be withdrawn.
unquote
The full press-release is available on KASE website, at:
-
http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_021112.pdf - in Russian;
-
http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_021112_en.pdf - in English.
[2012-11-02]