KazTransOil says Main Waterline raised KZT50 bn for implementation of project "Reconstruction and expansion of the main water pipeline "Astrakhan – Mangyshlak 1st stage"

28.04.23 18:06
/KASE, April 28, 2023/ – KazTransOil JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated April 28, 2023: quote On April 24, 2023, bonds issued by Main Waterline LLP (hereinafter - the Partnership) to finance the Project in the amount of 50 billion tenge were included in the official list of the Kazakhstan Stock Exchange on the "Private Placement" platform. Main terms of bonds issue: number of bonds - 50 million pieces, nominal value of bonds – KZT 1 000, remuneration - 0.5% per annum (paid twice a year), term - 10 years. On April 27, 2023, the above-mentioned bonds of the Partnership were purchased by JSC NC KazMunayGas (hereinafter - KMG) within the framework of the concluded Bond Purchase Agreement between KMG and the Partnership. In turn, KMG raised similar bond loan from Samruk-Kazyna JSC to provide anti- crisis funds to the Partnership. On April 24, 2023, bonds issued by KMG were included in the official list of the Kazakhstan Stock Exchange on the "Private Placement" platform. unquote The complete press release is available on: - https://kase.kz/files/emitters/KZTO/kzto_reliz_280423_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_280423.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_280423_en.pdf – in English. [2023-04-28]