Kazakhstan’s Intergas tenders for $270 million of 6 3/8% notes

By Wendy Van Sickle

Columbus, Ohio, Oct. 22 – JSC Intergas Central Asia said it began a tender offer for up to $270 million of its 6 3/8% senior notes due 2017.

The total of the outstanding notes is $540 million, according to a notice distributed by the London Stock Exchange.

The purchase price will be $1,040 for each $1,000 principal amount of notes plus accrued interest to but excluding the settlement date.

The total includes a premium of $20 for each $1,000 of principal amount for those who tender by the early deadline of 5 p.m. ET on Nov. 4.

The deadline to participate in the offer is expected to be on or about Nov. 20.

Citigroup Global Markets Ltd. (+44 20 7986 8969, 800 558-3745, 212 723-6106 or liabilitymanagement.europe@citi.com), ING Bank NV, London Branch (+44 20 7767 5107 or liability.management@uk.ing.com) and Natixis Securities Americas LLC (212 891-6206 or lauren.gelfand@us.natixis.com) are the dealer managers.

Citibank, NA, London Branch (+44 207 508 3867 or exchange.gats@citi.com) is the tender agent.

The gas pipeline operator is based in Astana, Kazakhstan.

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