BTA Bank: TuranAlem Finance B.V. (Netherlands) pays no 9th coupon on international bonds XS0211873053 (BTASe5) as interest payment suspended

20.08.09 12:24
/KASE, August 20, 09/ - BTA Bank (Almaty) informed Kazakhstan Stock Exchange (KASE) on August 10, 2009 TuranAlem Finance B.V. (Rotterdam) paid no ninth coupon interest on international bonds XS0211873053 (KASE official list, Rated debt securities, BTASe5; USD350.0 m; 10.02.05 - 10.02.15; semiannual coupon 8.50 % APR; 30/360) "as the Bank decided to suspend interest payment beginning July 22, 2009". Earlier the bank released news dated July 27, 2009 "BTA Bank (Kazakhstan) informs on meeting within organization committee of creditors and temporary suspension of interest payment beginning July 22, 2009" - http://www.kase.kz/en/news/show/1079467 KASE reminds that according to its internal document "Rules on exchange information disclosure" it incurs no responsibility for authenticity of the information it spreads on KASE members and issuers admitted to circulation on KASE, provided such information is based on messages and documents arriving from such members and issuers in pursuance with obligations before KASE. At generation of such information KASE shall not check authenticity of the messages and documents. A person, willing to disprove the information released in this message, must appeal to KASE with a corresponding official letter. [2009-08-20]