/KASE, May 6, 2020/ – Zhaikmunai (Oral), whose bonds are officially listed on
Kazakhstan Stock Exchange (KASE), has provided KASE with the following press
release of May 6, 2020:
quote
Zhaikmunai LLP, a subsidiary of Nostrum Oil & Gas PLC ("Nostrum" or "the
Company" and together with its subsidiaries "the Group") 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 Zhaikmunai LLP.
unquote
The complete press release is available on KASE website –
https://kase.kz/files/emitters/ZHMN/zhmn_reliz_060520_eng_1.pdf
[2020-05-06]