/KASE, June 29, 09/ - KOMBISNAB (Almaty oblast) informed Kazakhstan Stock
Exchange (KASE) the company delayed payment of the second coupon interest
on bonds KZ2C0Y05D059 (KASE official list, second subcategory of Non-rated
debt securities, KMSBb1; KZT10,000, KZT2.5 bn; 02.07.08 - 02.07.13, four
month coupon 15.00 % APR; 30/360).
According to the prospectus of issue of the bonds KOMBISNAB had to pay the
interest in the period July 2 through July 11, 2009. The prospectus specifies
that "in case of default on payment or incomplete payment at fault of the Issuer
of coupon interest and/or the principal in the terms set with the Prospectus, the
Issuer shall pay bondholders fines for each day of delay, on the basis of the
official refinance rate of the National Bank of Kazakhstan as on the day of
compliance with the money obligation or a part thereof".
KOMBISNAB informed of the following:
Quotation beginning
Herewith Kombisnab informs the company is not able to pay coupon interest on
the placed bonds..., according to the specified term that is before
July 2, 2009, in connection with delay of financial aid on the side of
shareholders of Kombisnab. Coupon interest will be paid on July 30, 2009.
Quotation end
Below are related links:
- KASE news dated June 29, 2009 "KOMBISNAB (Kazakhstan) delays
payment of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till July 30,
2009" -
http://www.kase.kz/en/news/show/1077380
- KASE news dated June 15, 2009 "KOMBISNAB (Kazakhstan) delays
payment of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till June 30,
2009" -
http://www.kase.kz/en/news/show/1076336
- KASE news dated May 13, 2009 "KOMBISNAB (Kazakhstan) delays payment
of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till June 15, 2009" -
http://www.kase.kz/en/news/show/1073744
- KASE news dated April 9, 2009 "KOMBISNAB (Kazakhstan) delays payment
of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till May 15, 2009" -
http://www.kase.kz/en/news/show/1071064
- KASE news dated March 12, 2009 "KOMBISNAB (Kazakhstan) delays
payment of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till April 15,
2009" -
http://www.kase.kz/en/news/show/1068811
Currently ten companies, listed on KASE, informed on insolvency to fully or
partially comply with obligations on bonds. The list of defaulted companies is
available at the KASE website in section "Issuers" ("default") at:
http://www.kase.kz/en/emitters
KASE reminds that according to its internal document "Rules on exchange
information disclosure" it incurs no responsibility for authenticity of the
information it spreads on KASE members and issuers admitted to circulation on
KASE, provided such information is based on messages and documents arriving from
such members and issuers in pursuance with obligations before KASE. At
generation of such information KASE shall not check authenticity of the
messages and documents. A person, willing to disprove the information released
in this message, must appeal to KASE with a corresponding official letter.
[2009-06-29]