Wednesday July 1, 07:29 AM
Kazakh Zhaikmunai to raise $300 mln via GDR issue
ALMATY, July 1 (Reuters) - Kazakh oil producer Zhaikmunai plans to raise about $300 million by placing new global depository receipts, the company said on Wednesday.
Zhaikmunai said in a statement it would use the funds to fund a capital expenditure programme at its Chinarevskoye oil field in Kazakhstan.
(Writing by Olzhas Auyezov; Editing by Maria Golovnina) Keywords: ZHAIKMUNAI/
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