Samuryk-Energy announces full and timely redemption of Eurobonds XS0868359166 (SNRGe1)

21.12.17 17:19
/KASE, December 21, 2017/ – Samuryk-Energy (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided Kazakhstan Stock Exchange (KASE) with the following press release: quote Samruk-Energy JSC (Company) hereby informs on full and timely repayment of its U.S.$500,000,000, 5 year, 3.75 per cent. Eurobonds issued on December 20, 2012 and due 2017 (ISIN XS0868359166). For the purposes of optimization of financial obligations, on 20 September 2017 Company proceeded with a partial buyback of mentioned Eurobonds in the amount of U.S.$80 000 000. On December 20, 2017, Company has repaid in full outstanding obligations on Eurobonds above to the total amount U.S.$420,000,000. Redemption of Eurobonds let the Company to diversify and optimize the loan portfolio, significantly reduce FX and credit risks, as well as to improve financial stability indicators. For additional information: www.samruk-energy.kz Government relations and Communication Office +7 7172 55 30 62 pr@samruk-energy.kz Treasury and Corporate finance Department +7 7172 55 30 89 N.Yessilbayev@samruk-energy.kz Samruk-Energy JSC is the largest diversified holding company successfully integrated into the international power balance, creating value for its shareholders and aimed at building highly efficient power supply system ensuring sustainable development of all Kazakhstan’s sectors. unquote [2017-12-21]