/KASE, 11.09.24/ – KazMunayGas National Company JSC (Astana), whose
securities are on the official list of Kazakhstan Stock Exchange (KASE),
provided KASE with a notification dated September 11, 2024, which informs the
following:
the beginning of the quote
On September 3, 2024, KazMunayGas NC JSC (“the Issuer”) and KazMunayGas
Finance Sub B.V. (“KMG Finance” and together with the Issuer, “the Offerors”)
sent an invitation to each holder (“the Holders”) (subject to certain
restrictions on the offer and distribution) of the Bonds with an outstanding
principal amount of US$ 1,000,000,000 at 4.750% maturing in 2027 issued by the
Issuer (“the Bonds”) to exchange all such Bonds for cash without exception
(“Tender offer”).
The tender offer was drawn up on the terms set out in the purchase offer dated
September 3, 2024 (“the Purchase offer”). Capitalized terms used in this
announcement, but not defined in this document, have the meaning specified in
the Purchase offer.
...
The tender offer expired at 5:00 p.m. (New York time) on September 10, 2024. The
Offerors hereby inform the Holders that, as of the Expiration date, the total
principal amount of the Bonds that were put up for auction and were not
withdrawn is US $749,907,000. In addition, a cumulative principal amount of US
$2,000,000 was offered using guaranteed transfer procedures. All Conditions
have been met or cancelled.
the end of the quote
Full version of the notification is available at:
-
https://kase.kz/files/emitters/KMGZ/kmgz_information_110924_kz.pdf – in
Kazakh;
-
https://kase.kz/files/emitters/KMGZ/kmgz_information_110924.pdf – in Russian;
-
https://kase.kz/files/emitters/KMGZ/kmgz_information_110924_en.pdf – in
Emglish.
[2024-09-11]