Bank CenterCredit informs on check of state of pledge on bonds of Kazakhstan Mortgage Company (Kazakhstan)
08.09.08 16:51
/KASE, September 8, 08/ - Bank CenterCredit (Almaty), a representative of
holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty, further
- the Company), tradable in the official list of Kazakhstan Stock Exchange
(KASE) of the first sub-category of category "Non-rated Debt Securities", of the
following issues:
- KZ2CKY05B216 (KZIKb5; KZT1, KZT5.0 bn.; 01.06.04 - 01.04.09,
semiannual coupon indexed to inflation rate, 16.09 % APR as for the current
period);
- KZ2CKY07B220 (KZIKb6; KZT1; KZT5.0 bn.; 01.06.04 - 01.04.11;
semiannual coupon indexed to inflation rate, 16.09 % APR as for the current
period);
- KZPC2Y05B145 (KZIKb10; KZT1, KZT5.0 bn.; 01.03.05 - 01.03.10,
semiannual coupon 5.69 % APR);
- KZPC1Y10B543 (KZIKb11; KZT1, KZT5.0 bn.; 10.04.05 - 10.04.15,
semiannual coupon 6.90 % APR);
- KZPC2Y12B547 (KZIKb12; KZT1, KZT5.0 bn.; 10.04.05 - 10.04.17,
semiannual coupon indexed to inflation rate, 7.50 % APR as for the current
period);
- KZPC4Y10B547 (KZIKb16; KZT1, KZT5.0 bn.; 15.01.07 - 15.01.17,
semiannual coupon indexed to inflation rate, 7.50 % APR as for the current
period)
informed KASE in an official letter on conduct of check of pledged property,
which is a collateral of compliance of the company before the holders of the
indicated bonds, as on July 1, 2008.
According to the representative the collateral and the value of collateral
coefficient of the bonds complies with the requirements of the prospectuses of
issues of securities of the company and pledge agreements. Coupon interests are
paid timely and in the full volume.
[2008-09-08]