KazTransOil says Board of Directors of the company decided to issue bonds of Main Waterline

07.11.23 18:18
/KASE, November 7, 2023/ – KazTransOil JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated November 7, 2023: quote "KazTransOil JSC" hereby informs that on November 3, 2023 the Board of Directors of "KazTransOil JSC" resolved to issue bonds of "Main Waterline" LLP under the following conditions: 1) bonds issuance procedure – inclusion of bonds in the official list of securities of "Kazakhstan Stock Exchange" JSC; 2) bonds placement procedure – the bonds are subject to private placement; 3) bonds circulation procedure – 3 (three) working days after the date of inclusion of the issuer's bonds in the official list of "Kazakhstan Stock Exchange" JSC; 4) bonds circulation term – 10 (ten) years from the date of commencement of bonds circulation, including 2 (two) years of grace period for the payment of the principal debt; 5) bonds redemption procedure – the bonds are redeemed by transferring money to the accounts of the bondholders registered by the registrar in the register of bondholders as of the date preceding the date of bond redemption; 6) use of funds received by the issuer as a result of the placement of bonds – financing of the investment project "Reconstruction and expansion of the main water pipeline "Astrakhan-Mangyshlak" stage 1"; ... unquote The complete press release is available on: - https://kase.kz/files/emitters/KZTO/kzto_reliz_071123_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_071123.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_071123_en.pdf – in English. [2023-11-07]