/KASE, December 5, 11/ - JSC "Doszhan Temir Zholy (DTZ)" (Almaty), whose bonds
are officially listed at Kazakhstan Stock Exchange (KASE), has by an official
letter informed KASE on partial repayment of the overdue sixth coupon interest
on its infrastructure bonds KZ2CKY23B672 (KZ2C00000701, KASE official list's
buffer category, DTJLb1; KZT1,000, KZT30.0 bn; August 2, 2005 - August 2, 2028,
inflation rate indexed annual coupon, 8.75 % APR for the current coupon period,
30/360).
The letter of JSC "Doszhan Temir Zholy (DTZ)" says as follows:
quote
According to an approved Action Plan Doszhan Temir Zholy (DTZ) out of funds
accumulated at the expense of exploitation of the railway, on November 28, 2011
through the payment agent ATFBank paid the third remaining part of coupon
interest in the size of 1% from an accrued interest for the 6th coupon period
to all bonds holders.
ATFBank informed by the official letter #2015/14169 of December 1, 2011 on
payment of interest to holders of DTZ bonds on November 29, 2011 in the amount
of KZT22,345,254.35 (twenty two million three hundred forty five thousand two
hundred fifty four tenge 35 tiyin), the rest of the interest due equals to
KZT201,107,289.15.
In addition, at a special trading session on November 30, 2011 Doszhan Temir
Zholy (DTZ) bought back bonds (NIN KZ2CKY23B672) in the number of 451,440 units.
Taking into account bonds bought back earlier, the number of bonds in
circulation is equal to 542,190 units.
JSC "DTZ" made an additional agreement #593-АО dated November 16, 2011 with JSC
"NC "KTZ" in increase in the volume of services being bought off JSC "DTZ" for
the second half-year of the current year and budget adjustment procedures for
2011 are being carried out.
unquote
We remind that according to the mentioned bonds issue prospectus Doszhan Temir
Zholy (DTZ) was to pay the payment of interest for the 6th coupon period on
August 2 - 15, 2011.
Earlier there were related pieces of KASE news:
- KASE news dated November 30, 2011 "Doszhan Temir Zholy (DTZ) bought back on
November 30 at KASE 451,440 bonds KZ2CKY23B672 (KZ2C00000701, DTJLb1) at
14.4 % APR " -
http://www.kase.kz/en/news/show/1153765
- KASE news dated November 2, 2011 - "Doszhan Temir Zholy (DTZ) partially repaid
its debt on 6th coupon payment on bonds KZ2CKY23B672 (KZ2C00000701, DTJLb1) "
-
http://www.kase.kz/en/news/show/1151031
- of October 5, 2011 - "ATFBank informed Doszhan Temir Zholy (DTZ) partially
repaid its debt on 6th coupon payment on bonds KZ2CKY23B672 (KZ2C00000701,
DTJLb1)" -
http://www.kase.kz/en/news/show/1148342
- of September 21, 2011 "ATFBank informed on measures to protect holders
of Doszhan Temir Zholy (DTZ) (Kazakhstan) bonds KZ2CKY23B672 (KZ2C00000701,
DTJLb1)" -
http://www.kase.kz/en/news/show/1147198
- of August 18, 2011 "ATFBank announced Doszhan Temir Zholy (DTZ)repays
remaining debt on 6th coupon on bonds KZ2CKY23B672 (KZ2C00000701, DTJLb1) till
the end of March 2012" -
http://www.kase.kz/en/news/show/1144591
- of August 16, 2011 "ATFBank announces partial default of Doszhan Temir Zholy
(DTZ) (Kazakhstan) on payment of 6th coupon on bonds KZ2CKY23B672
(KZ2C00000701, DTJLb1)" -
http://www.kase.kz/en/news/show/1144344
- of August 15, 2011 "Doszhan Temir Zholy (DTZ) (Kazakhstan) announces partial
payment of 6th coupon on bonds KZ2CKY23B672 (KZ2C00000701, DTJLb1)" -
http://www.kase.kz/en/news/show/1144182
- The list of listed companies who committed defaults on their bonds is
available on KASE website in the section "Issuers" (tab "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.
[2011-12-05]