On April 25, Listing Commission accepted the plan on removal of basis for transfer of BTA Bank bonds to KASE official list buffer category
26.04.12 14:49
/KASE, April 26, 12/ - By Kazakhstan Stock Exchange (KASE) Listing Commission
decision of April 25, 2012 was accepted the plan on removal of basis for transfer
to the KASE official list buffer category of the following BTA Bank (Almaty)
international bonds:
- XS0532988770, XS0532989588 (BTASe7; USD2,082,371,783, July 1, 10 - July 1, 18,
semi-annual coupon, 10.75,% APR - till December 31, 12, further - 12.50,% APR,
30/360);
- XS0531656055, XS0531656139 (BTASe8; USD32,604,173,503, July 1, 10 - July 1, 18,
semi-annual coupon, 14.75,% APR - till 31.12.12, further - 16.50,% APR, 30/360);
- XS0532989828, XS0532990164 (BTASe9; USD384,848,130, July 1, 10 - July 1, 21,
semi-annual coupon, 3.70,% APR - till 30.06.17, further - 3.30,% APR, 30/360);
- XS0532990248, XS0532990594 (BTASe10; EUR437,110,856, July 1, 10 - July 1, 21,
semi-annual coupon, 3.14,% APR - till 30.06.17, further - 2.74,% APR, 30/360);
- XS0532990677, XS0532990750 (BTASe11; USD496,631,368, July 1, 10 - July 1, 25,
semi-annual coupon 7.20,% APR, 30/360);
- XS0532990834, XS0532990917 (BTASe12; EUR28,237,359, July 1, 10 - July 1, 25,
semi-annual coupon 6.75,% APR, 30/360);
- XS0531657293, XS0531657707 (BTASe13; KZT7,396,248,930, July 1, 10 - July 1, 25,
semi-annual coupon 11.20,% APR, 30/360);
- XS0531657889, XS0531657962 (BTASe14; KZT1, KZT28,000,000,000, July 1, 10 -
July 1, 30, semi-annual coupon 8.00,% APR, 30/360);
- XS0532995049, XS0532996799 (BTASe15; USD5,221,494,216, circulation starts -
July 1, 10, maturity period - 2020-2022, recovery based payments - December 31,
March 31, June 30 and September 30 each year, beginning December 31, 2010).
In the KASE conclusion of April 19, 2012 it is emphasized that in January 2012
BTA Bank made a default in interest payment for the third coupon period on
eight out of nine issues of international bonds (ISIN - XS0532988770,
XS0532989588; ISIN - XS0532989828, XS0532990164; ISIN -XS0532990677,
XS0532990750; ISIN - XS0532990248, XS0532990594; ISIN -XS0532990834,
XS0532990917; ISIN - XS0531656055, XS0531656139; ISIN -XS0531657293,
XS0531657707; ISIN - XS0531657889, XS0531657962). BTA Bank must have
been paid this interest on January 1 - 17, 2012 considering the grace period.
According to the Appendix to the Chairman Order of the Agency of the Republic
of Kazakhstan on Regulation of Activities of the Regional Financial Center of
Almaty "On Establishment of Requirements for Issuers, whose Securities are
Admissible or Admitted to the Official list of the Special Trading Floor of
the Regional Financial Center of Almaty, and for such Securities" of May 8,
2008 # 04.2-09/119, on April 19, 2012 BTA Bank provided to KASE the plan on
removal of basis for transfer to the KASE official list buffer category,
approved by its Board of Directors on April 17, 2012.
According to item 13-7 of the Appendix, the mentioned Listing Commission
decision approval will be considered at the KASE Board of Directors meeting.
[2012-04-26]