National Company Kazakhstan Temir Zholy announces results of tender offer in respect of international bonds XS0799658637 (TMJLe1)

04.06.20 15:13
/KASE, June 4, 2020/ – National Company Kazakhstan Temir Zholy (Nur-Sultan), whose bonds are officially listed on the Kazakhstan Stock Exchange (KASE), informed KASE as follows: quote NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT OF UNITED STATES, THEIR TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE UNITED STATES VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AND ANY PERSON OF THE USA (AS SUCH TERM IS DEFINED BY REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933) IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT OR THE TENDER OFFER MEMORANDUM. June 4, 2020 JOINT STOCK COMPANY “NATIONAL COMPANY “KAZAKHSTAN TEMIR ZHOLY” ANNOUNCES RESULTS OF TENDER OFFER IN RESPECT OF ITS U.S.$1,100,000,000 6.950% GUARANTEED NOTES DUE 2042 (ISIN (REG S): XS0799658637;GENERAL CODE 079965863) On May 26, 2020, Joint Stock Company “National Company “Kazakhstan Temir Zholy” (the “Issuer”) announced its offer addressed to holders (the “Holders”) (subject to certain offer and distribution restrictions referred to below) of the Issuer’s outstanding U.S.$1,100,000,000 6.950% Guaranteed Notes due 2042 (the “Notes”) to tender any and all Notes held by it for purchase by the Issuer for cash (the “Tender Offer”). The Tender Offer was made on the terms and subject to the conditions set forth in the Tender Offer Memorandum dated 26 May 2020 (the “Tender Offer Memorandum”). Capitalised terms used in this announcement but not defined herein have the meaning given to them in the Tender Offer Memorandum. Final Results The Tender expired at 17:00 (London time) on 2 June 2020, (the “Expiration Deadline”). By the Expiration Deadline, the Issuer received duly submitted Appliations for Repurchase of Notes for the total face value of US $217,022,000. The Issuer hereby informs the Holders that the Issuer will accept the repurchase of all Notes duly offered for the repurchase and sets the Maximum Value of the accepted Notes in the amount of U.S. $217,022,000. unquote Full version of the press release is posted on the KASE website at – https://kase.kz/files/emitters/TMJL/tmjl_reliz_040620_1.pdf [2020-06-04]