Zhaikmunai (Kazakhstan) announces results of tender for buyback of bonds USN97708AA49, US98951QAA31 (ZHMNe1)

20.11.12 16:19
/KASE, November 20, 12/ - LLP "Zhaikmunai" (Oral), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), provided KASE on November 20, 2012 with the following communique: quote 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 today the final results of its 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"). As of 5:00 p.m., New York City time, on November 19, 2012 (the "Expiration Date"), an aggregate principal amount of US$347,604,000 had been validly tendered pursuant to the Tender Offer. The Offeror is hereby pleased to announce that (i) all conditions to the Tender Offer, including the New Financing Condition, have been satisfied; and (ii) it has accepted for purchase all Notes validly tendered pursuant to the Tender Offer. unquote The full press-release is available on KASE website, at: - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_201112.pdf - in Russian; - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_201112_e.pdf - in English. [2012-11-20]