/KASE, October 1, 09/ - KOMBISNAB (Almaty Region) informed Kazakhstan
Stock Exchange (KASE) by the official letter on the delay of payment of the third
coupon interest on bonds KZ2C0Y05D059 (KASE official list Non-rated Debt
Securities second subcategory, KMSBb1; KZT10,000, KZT2.5 bn; July 2, 08 -
July 2, 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 from July 2 to 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 refunding rate of the National Bank of the Republic of Kazakhstan as of
the day of money obligation or its part fulfillment".
In the letter KOMBISNAB informed that:
quotation start
Hereby KOMBISNAB informs on insolvency to pay the coupon interest on offered
bonds ..., within the set period, i.e. till September 30, 2009, due to the
financial support delay from KOMBISNAB shareholders".
The coupon interest will be paid on October 30, 2009.
quotation end
Below are references to similar documents:
- KASE news of September 4, 2009 "KOMBISNAB (Kazakhstan) delays
payment of 3rd coupon on bonds KZ2C0Y05D059 (KMSBb1) till September
30, 2009" -
http://www.kase.kz/en/news/show/1082373
- KASE news of August 3, 2009 "KOMBISNAB (Kazakhstan) delays payment
of 3rd coupon on bonds KZ2C0Y05D059 (KMSBb1) till September 1, 2009
года" -
http://www.kase.kz/en/news/show/1080103
- KASE news of June 29, 2009 "KOMBISNAB (Kazakhstan) delays 3 rd
coupon payment on bonds KZ2C0Y05D059 (KMSBb1) till July 30, 2009" -
http://www.kase.kz/en/news/show/1077383
- KASE news of 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 of 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 of 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 of 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 of 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
At present sixteen companies, securities of which are present in KASE official
list, informed on inability to partially or fully fulfill obligations to holders
of their bonds. The listed companies, which defaulted on their bonds, is
accessible on KASE website in the section "Issuers" ("default") at address
http://www.kase.kz/en/emitters
KASE reminds that in compliance with the Exchange internal document "Rules of
Exchange Information Dissemination", KASE is not responsible for authenticity of
disseminated information on the Exchange members and securities issuers,
admitted to circulation on the Exchange, if this information is based on messages
and documents received by the Exchange from these members and securities
issuers in pursuance of their obligations to the Exchange. KASE does not validate
the mentioned messages and documents when developing this information.
Individuals, willing to refute the information, published in this message, must
apply to KASE by a corresponding official letter.
[2009-10-01]