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Published on 3/17/2014 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Nostrum calls all $92.51 million of 10½% senior notes due 2015

By Tali Rackner

Norfolk, Va., March 17 - Nostrum Oil & Gas LP plans to redeem its outstanding $92,505,000 of 10½% senior notes due 2015, according to a filing with the London Stock Exchange.

The notes will be redeemed at 105.25 plus accrued interest on April 14.

Amsterdam-based Nostrum, formerly known as Zhaikmunai LP, is an oil and gas exploration and production company with interests in northwestern Kazakhstan.


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