BTA Ipoteka JSC (Kazakhstan) meets solvency criteria - Bank CenterCredit JSC

24.02.06 16:47
/KASE, February 24, 06/ - Bank CenterCredit JSC (Almaty), which is the representative of holders of mortgage bonds of BTA Ipoteka JSC (Almaty) of the following issues: - KZ2CKY07A867 (KASE's official "A" listing category, BTAIb1; KZT10,000.00, KZT500.0 m.; December 26, 03 - December 26, 10, three-month coupon with floating rate, 10.0% APR for the current period); - KZ2CKY10B257 (KASE's official "A" listing category, BTAIb2; KZT1, KZT1,500.0 m.; October 21, 04 - October 21, 14; floating rate semi- annual coupon indexed on inflation rate, 9.2% APR for the current period); - KZPC1Y07B335 (KASE's official "A" listing category, BTAIb3; KZT1, KZT2.0 bn., December 15, 04 - December 15, 11; semi-annual coupon indexed on inflation rate, 8.5% APR for the current coupon period); - KZPC1Y10B333 (KASE's official "A" listing category, BTAIb5; KZT100, KZT4 bn.; May 11, 05 - May 11, 15, semi-annual coupon indexed on inflation rate, 8.9% APR for the current coupon period); - KZPC2Y08B644 (KASE's official "A" listing category, BTAIb8; KZT100, KZT7.0 bn.; August 22, 05 - August 22, 13, semi-annual coupon indexed on inflation rate, 8.2% APR for the current coupon period); has informed Kazakhstan stock exchange (KASE) by the official letter that on the basis of analysis of BTA Ipoteka JSC's financial condition and conclusion of independent auditor as of January 1, 2006 the company us stable and solvent. No circumstances able to cause breaking of rights and interests of bondholders have been found. Text of the act of BTA Ipoteka JSC's financial condition check up is available at http://www.kase.kz/emitters/btai.asp [2006-02-24]