As of August 1 bonds KZ2CKY23B672 (KZ2C00000701, DTJLb1) of Doszhan Temir Zholy (DTZ) transferred from buffer category into second subcategory of Non-Rated Debt Securities category of KASE official list
31.07.13 17:47
/KASE, July 31, 13/ – Following a decision of Kazakhstan Stock Exchange (KASE)
Listing Commission as of August 1, 2013 bonds KZ2CKY23B672 (KZ2C00000701,
DTJLb1; KZT1,000, KZT30.0 bn; August 2, 2005 – August 2, 2028, annual coupon
indexed at inflation rate, 5.45 % p.a. for the current coupon period, 30/360) of
JSC "Doszhan Temir Zholy (DTZ)" (Almaty) are transferred from category "buffer
category" into the second sub-category of the "Non-Rated Debt Securities"
category of KASE official list.
In KASE conclusion of July 19, 2013 it is said the reason for the transfer of
the mentioned bonds into the buffer category of KASE official list was the
default committed by JSC "Doszhan Temir Zholy (DTZ)" on payment of interest on
the mentioned bonds for the seventh coupon period (from August 2, 2011 to
August 1, 2012).
Due to removal by JSC "Doszhan Temir Zholy (DTZ)" of reasons for transfer of
the mentioned bonds into the buffer category and fulfillment of all requirements
set out by Appendix No. 04.2-09/119 to the Order of the Chairman of Agency of
the Republic of Kazakhstan on regulation of Activities of the Regional Financial
Center of Almaty "On Setting out of requirements for issuers whose securities
are supposed to be included or have been included in the list of the special
trading platform of the regional financial center of Almaty, as well as for
such securities" dated May 8, 2008 and mandatory for compliance for transfer of
the mentioned bonds into the second sub-category of the "Non-Rated Debt
Securities" category in accordance with item 13-12 of the said appendix the
mentioned bonds were transferred into the second sub-category of the "Non-Rated
Debt Securities" category of KASE official list.
The mentioned bonds were included in category A of KASE official list as of
August 7, 2006, and from September 1, 2008 they were transferred into the
second sub-category of Non-Rated Debt Securities category. Trade in them
opened as of August 23, 2006.
[2013-07-31]