ATFBank says Doszhan Temir Zholy (DTZ) (Kazakhstan) lacks money to pay 7th interest on bonds KZ2CKY23B672 (KZ2C00000701, DTJLb1)

12.07.12 11:24
/KASE, July 12, 12/ - JSC "ATFBank" (Almaty, hereinafter - the Bank), representing holders of infrastructure bonds KZ2CKY23B672 (KZ2C00000701, KASE official list, second sub-category of Non-Rated Debt Securities category, DTJLb1; KZT1,000, KZT30.0 bn; August 2, 2005 - August 2, 2028, inflation rate indexed annual coupon, 8.75 % APR in the current coupon period, 30/360) of JSC "Doszhan Temir Zholy (DTZ)" (Almaty), has provided to Kazakhstan Stock Exchange (KASE) a copy of a letter from Doszhan Temir Zholy (DTZ) dated July 4, 2012 where it is told about measures taken aimed at fulfillment of liabilities towards holders of the said bonds regarding payment of interest for the seventh coupon period. According to the said bonds' issue prospectus JSC "Doszhan Temir Zholy (DTZ)" is due to pay the seventh interest payment in the period from August 1 to August 4, 2012. The said letter of JSC "Doszhan Temir Zholy (DTZ)" is published today on its website on KASE website, at http://www.kase.kz/files/emitters/DTJL/dtjl_letter_040712.pdf We remind you that the mentioned bonds were issued by JSC "Doszhan Temir Zholy (DTZ)" for purposes of raising money for implementation of project called "Construction and Operation of the New Railway Line "Station Shar - Ust- Kamenogorsk". [2012-07-12]