Font size:
+A
-A
Mode:
Return to the normal mode
Switch to the mode for the visually impaired
Site Map Press center Career Contacts
ENG
Company Investors Sustainable development Procurement Sale of Petroleum Products
Company
About us Business Lines Projects
Corporate Governance
Corporate Governance Shareholders Board of Directors Management Board Corporate Secretary Ombudsman Compliance Internal Audit Service Risk Management and Internal Control
Corporate documents
Investors
Investors Reporting Investor's Calendar Dividends General Meeting of Shareholders Bonds and Credit Ratings
IPO materials
IPO
Frequently Asked Questions
Sustainable development
Sustainable development
Environmental Responsibility
Environmental Management Air protection Water Management Waste management Biodiversity conservation
Social Responsibility
Social Responsibility Personnel policy Occupational Safety and Health Industrial Safety Crisis and Emergency Management for effective production management
Corporate Governance
Corporate Governance Shareholders Board of Directors Management Board Corporate Secretary Ombudsman Compliance Internal Audit Service Risk Management and Internal Control
Procurement Sale of Petroleum Products
Site Map Press center Career Contacts

JSC NC “KazMunayGas” made partial early repayment of Notes in the amount of 750 million US dollars

13.09.2024

On September 12, 2024, JSC NC “KazMunayGas” (hereinafter – KMG) made a partial early repayment of Notes in the amount of 749.9 million US dollars (for reference: issue date – 19 April 2017; total amount – 1 billion US dollars; coupon rate – 4.75%; maturity date – 19 April 2027).

Early redemption is one of the measures constantly carried out by KMG to improve the financial stability of the company, reduce the debt burden and improve the company's credit ratings. Savings in coupon payments based on the results of partial early redemption will amount to 92.7 million US dollars.

Early repayment was made based on the results of voting by bondholders for the public offering of KMG. On September 3, 2024, KMG sent an offer to the holders of the above-mentioned bonds to purchase for cash at face value any and all Notes. The offer expired on September 10, 2024. At the expiration of the offer period, the total volume of Notes that were submitted by holders for redemption amounted to 74.99% of the total amount of issued Notes.

The results of the voting results can be found at the link below.

https://www.kmg.kz/en/press-center/press-releases/finance-sub/

JSC NC KazMunayGas

On September 12, 2024, JSC NC “KazMunayGas” (hereinafter – KMG) made a partial early repayment of Notes in the amount of 749.9 million US dollars (for reference: issue date – 19 April 2017; total amount – 1 billion US dollars; coupon rate – 4.75%; maturity date – 19 April 2027).

Early redemption is one of the measures constantly carried out by KMG to improve the financial stability of the company, reduce the debt burden and improve the company's credit ratings. Savings in coupon payments based on the results of partial early redemption will amount to 92.7 million US dollars.

Early repayment was made based on the results of voting by bondholders for the public offering of KMG. On September 3, 2024, KMG sent an offer to the holders of the above-mentioned bonds to purchase for cash at face value any and all Notes. The offer expired on September 10, 2024. At the expiration of the offer period, the total volume of Notes that were submitted by holders for redemption amounted to 74.99% of the total amount of issued Notes.

The results of the voting results can be found at the link below.

https://www.kmg.kz/en/press-center/press-releases/finance-sub/

>