Tengizchevroil plans dollar-denominated five-, 10-year benchmark notes

By Marisa Wong

Los Angeles, July 13 – Kazakhstan’s Tengizchevroil Finance Co. International Ltd. plans to price a dollar-denominated offering of senior secured notes guaranteed by Tengizchevroil LLP, according to a notice.

The benchmark-sized offering will include five- and 10-year fixed-rate notes.

J.P. Morgan Securities plc, Banca IMI SpA, Bank of China Ltd., London Branch, HSBC Bank plc, Citigroup Global Markets Ltd., Deutsche Bank AG, London Branch, ING Bank NV, London Branch, Mizuho International plc, MUFG Securities EMEA plc, SMBC Nikko Capital Markets Ltd., Societe Generale and UniCredit Bank AG are managers for the Regulation S and Rule 144A offering.

Based in Atyrau, Kazakhstan, Tengizchevroil is a joint venture between Chevron, ExxonMobil, KazMunayGas and LukArco.

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