/KASE, April 27, 09/ - Kazneftehim (Almaty) informed Kazakhstan Stock
Exchange (KASE) by the official letter on the following:
quotation start
On April 26, 2009, Kazneftehim signed a notarized loan agreement for
KZT225,885,000 (two hundred twenty five million eight hundred eighty five
thousand) to pay the coupon interest.
Today on April 27, 2009, after the pledge agreement conclusion to secure
obligations on the loan agreement, we guarantee that borrowed funds will be
immediately transferred to bank accounts of all Kazneftehim bonds holders in the
full volume (including fines), beginning the next day and not later than May 1,
2009.
quotation end
We remind that Kazneftehim defaulted payment of the 8th coupon interest on its
bonds KZ2CKY05B273 (KASE official list, the second subcategory of "Non-rated
Debt Securities" category, KZNHb2; KZT1, KZT4.0 bn; February 18, 05 -
February 18, 10, the semi-annual coupon 10.00 % APR; 30/360). According to
the mentioned bonds issue prospectus Kazneftehim must have been paid this
interest in February 18-20, 2009.
Below are references to documents on this topic:
- KASE news of March 11, 2009 "Kazneftehim (Kazakhstan) delays payment of
the 8th coupon on bonds KZ2CKY05B273 (KZNHb2) till March 30, 2009" -
http://kase.kz/news/show/1068758
- KASE news of February 23, 2009 "Kazneftehim (Kazakhstan) delays payment
of the 8th coupon on bonds KZ2CKY05B273 (KZNHb2) till March 10, 2009" -
http://kase.kz/news/show/1068757
At present eleven companies, securities of which are present in KASE official
list, informed on inability to fully or partially fulfill their obligations on
bonds. Listed companies defaulted payment on bonds is available on KASE website
in section "Issuers" ("default") at address
http://www.kase.kz/ru/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.
[2009-04-27]