Kazakh Zhaikmunai raises $300 mln via GDR placement

ALMATY, July 29 Wed Jul 29, 2009 11:39am IST

ALMATY, July 29 (Reuters) - London-listed Kazakh oil producer Zhaikmunai ZKMq.L said on Wednesday it had raised $300 million to supplement its debt facilities and finance its capital expenditures.

"Zhaikmunai... announces a placing to raise $300 million through the sale of new common units, a major part of which will be in the form of global depositary receipts," it said in a statement. (Writing by Olzhas Auyezov; Editing by Maria Golovnina)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Apple Result

Apple Result

Apple's iPhone sales beat Street but iPad volumes slide.  Full Article 

Nadella's Paycheck

Nadella's Paycheck

New Microsoft CEO Nadella's pay tops $80 mln with big stock awards.  Full Article 

Deregulation Impact

Deregulation Impact

Private fuel retailers to dip toe, not dive back, into India  Full Article 

Airport Accident

Airport Accident

Total CEO de Margerie killed in Moscow plane accident - airport spokeswoman.  Full Article 

Gold Import

Gold Import

RBI will not change gold import rules - sources  Full Article 

Idea Results

Idea Results

Idea Cellular Q2 profit up 69 percent  Full Article 

An RBI First

An RBI First

RBI releases minutes of financial stability council's Aug meet  Full Article 

IBM Earnings

IBM Earnings

IBM ditches 2015 operating EPS target, shares slump 7 pct  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage