/KASE, October 20, 09/ - Batys tranzit (Almaty), bonds of which are present in
Kazakhstan Stock Exchange (KASE) official list, provided to KASE the letter of
October 19, 2009 # 948 with the attached copy of resolution of the Government of
the Republic of Kazakhstan "On changes and additions to the concession
agreement on construction and exploitation of electricity line "North
Kazakhstan - Aktobe Region" of October 13, 2009 # 1584.
In the letter Batys tranzit informs that:
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Hereby joint stock company Batys tranzit notifies on adoption of resolution of
October 13, 2009 # 1584 of the Government of the Republic of Kazakhstan "On
changes and additions to the concession agreement on construction and
exploitation of electricity line "North Kazakhstan - Aktobe Region" of
December 28, 2005 and the Guarantee Agreement of January 9, 2006
# 2DP002".
in compliance with this resolution the Government of the Republic of Kazakhstan
increased the size of guarantee on infrastructural bonds, issued within the
project on construction and exploitation of electricity line "North
Kazakhstan - Aktobe Region" to the amount of KZT3,137,290,000.
Thus, the government guarantee volume makes up an amount equal to
infrastructural bonds face value - KZT18,830,000,000 and the interest accrued
on offered bonds.
These changes and additions increase the investment attractiveness of the
project and improve guarantee terms, protecting investors interests that in the
future shall facilitate the concessional project implementation.
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the mentioned resolution copy is published on KASE website at
http://www.kase.kz/files/emitters/BTTR/bttr_post_131009.pdf
[2009-10-20]