NOSTRUM OIL & GAS PLC announces appointment of financial and legal advisers due to possible restructuring of bonds

06.05.20, 22:10
/KASE, May 6, 2020/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of May 6, 2020: quote Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or "the Company"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces that following the Company's recent announcements regarding its intention to engage with its bondholders, the Company has appointed Rothschild & Co (Newport.dl@rothschildandco.com) as its financial adviser and White & Case LLP (ataylor@whitecase.com and/or cpilkington@whitecase.com) as its legal adviser in connection with a possible restructuring of its US$725 million 8.0% Senior Notes due July 2022 and/or its US$400 million 7.0% Senior Notes due February 2025. Disclosure of inside information in accordance with Article 17 of Regulation (EU) 596/2014 (16 April 2014) relating to Nostrum Oil & Gas PLC. unquote The complete press release is available on KASE website – https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_060520_eng_1.pdf [2020-05-06]