KazTransGas announces consent solicitation in respect of Eurobonds XS1682544157, US48668NAA90 (KZTGe1)
/KASE, July 9, 2019/ – SkyBridge Invest, a member of the Kazakhstan Stock Exchange 
(KASE), has provided KASE with the following information statement today:

quote

KAZTRANSGAS JOINT STOCK COMPANY ANNOUNCES CONSENT SOLICITATION IN RESPECT OF THE 
U.S.$750,000,000 4.375% GUARANTEED NOTES DUE 2027

KazTransGas Joint Stock Company (the "Issuer") announces today its invitation to 
each holder of U.S.$750,000,000 4.375% Guaranteed Notes Due 2027 (Regulation S 
ISIN: XS1682544157, Common Code: 168254415; Rule 144A ISIN: US48668NAA90; Common 
Code: 168958498; CUSIP: 48668N AA9) (the "Notes") to (i) approve and consent to 
the sale of up to 100% of the shares or assets of its subsidiary KazTransGas Aimak 
JSC ("KTGA") and/or its subsidiary KazTransGas Onimderi LLP ("KTGO") to a third 
party which is not JSC NC "KazMunayGas" (the "Parent") or any of its subsidiaries 
(together with the Parent, the "Parent Group"), and (ii) make certain related 
amendments to the trust deed dated 26 September 2017 between the Issuer, Intergas 
Central Asia Joint Stock Company (the "Guarantor") and Citibank N.A., London 
Branch (the "Trustee") (the "Trust Deed") (including the terms and conditions of 
the Notes (the "Conditions")) (the "Proposed Amendment") (the "Solicitation"). 
The Solicitation is made on the terms and subject to the conditions set forth in 
the consent solicitation memorandum dated 9 July 2019 (the "Consent Solicitation 
Memorandum"). Terms used in this notice but not defined in this notice have the 
respective meanings given to them in the Consent Solicitation Memorandum.

In order to vote in respect of the Solicitation, holders of the Notes must submit 
a  valid Consent Instruction or Form of Sub-Proxy with respect to the Notes they  
hold in favour of the Extraordinary Resolution by no later than 5:00 a.m. (EST)/
10:00 a.m. (London time) on 30 July 2019 (the "Consent Deadline") .

The Consent Fee is a fixed fee of US$4 per US$1,000 principal amount of the Notes 
payable to Noteholders who submit a valid Consent Instruction or Form of Sub-Proxy 
by no later than 11:00 a.m. (EST)/4:00 p.m. (London time) on 23 July 2019 (the 
"Early Consent Deadline") in favour of the Extraordinary Resolution with respect 
to the Notes they hold and who have not subsequently validly withdrawn their 
Consent Instruction or Form of Sub-Proxy (as applicable) or otherwise made 
arrangements to abstain from voting in respect of the Extraordinary Resolution.

...

unquote

Full version of the press release is available on KASE website – 
http://kase.kz/files/emitters/KZTG/kztg_reliz_090719_1.pdf

[2019-07-09]