Repeated meeting of holders of international bonds XS0496645671, XS0496645838 (ASBNe12) of Alliance Bank scheduled for January 9, 2015, failed to take place due to no quorum

15.01.15 12:27
/KASE, January 15, 15/ – Alliance Bank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote ... No quorum was obtained at the repeated meeting of holders of currently outstanding bonds worth KZT1,248,534,571 (when issued) with 9% yield maturing in 2020 and an interest rate of 12.5% starting from 2017 (hereinafter - the Bonds) which took place at 11:00 am (London time) on January 9, 2015 in the office of White & Case LLP at 5 Old Broad Street, London EC2N 1DW, so it was dismissed. unquote [2015-01-15]