ATFBank informed on default of Doszhan Temir Zholy (DTZ) (Kazakhstan) on bonds KZ2CKY23B672 (DTJLb1)

17.08.10 14:44
/KASE, August 17, 10/ - ATFBank (Almaty), a representative of holder of infrastructural bonds KZ2CKY23B672 (KASE official list Non-rated Debt Securities second subcategory, DTJLb1; KZT1,000, KZT30.0 bn; August 2, 05 - August 2, 28, the semi-annual coupon indexed at the inflation rate, 8.85 % APR for the reporting coupon period, 30/360) of Doszhan Temir Zholy (DTZ) (Almaty), informed Kazakhstan Stock Exchange (KASE) by the official letter: quotation starts As the next annual coupon interest payment on bonds has ended on August 13, 2010, the Issuer upon expiry of the required period failed to pay the coupon interest on infrastructural bonds (NIN KZ2CKY23B672), we inform on the Issuer default. quotation ends We remind that according to the mentioned bonds issue prospectus Doszhan Temir Zholy (DTZ) was to pay the fifth coupon period interest on August 2-13, 2010. Previously KASE published the news of August 11, 2010 "ATFBank informed that Doszhan Temir Zholy (DTZ) delays payment of the 5th coupon on bonds KZ2CKY23B672 (DTJLb1)" at http://www.kase.kz/en/news/show/1112738 At present 11 companies, securities of which are listed in KASE official list, informed on inability to fully or partially fulfill their obligations on bonds. The lust of listed companies that defaulted on their bonds, is available on KASE website in section "Issuers" ("default") at 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. [2010-08-17]