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Prospect News home > News index > List of issuers K > Headlines for KazMunayGas > News item
Published on 6/21/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kazakhstan’s KazMunayGas to buy back KZT 8 billion bonds due 2019

By Marisa Wong

Morgantown, W.Va., June 21 – KazMunayGas said it will repurchase 8 million units of its floating-rate bonds due 2019 on July 19.

The bonds have a face amount KZT 1,000 and currently carry a coupon of 10.425%.

The company issued KZT 120 billion of the bonds in 2009.

The issuer said this will be its 13th partial buyback of the bonds.

KazMunayGas is an Astana, Kazakhstan-based state-owned oil and gas company.


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