KOMBISNAB (Kazakhstan) delays payment of 3rd coupon on bonds KZ2C0Y05D059 (KMSBb1) till September 1, 2009

03.08.09 16:19
/KASE, August 3, 09/ - KOMBISNAB (Almaty oblast) informed Kazakhstan Stock Exchange (KASE) the company delayed payment of the third coupon interest on bonds KZ2C0Y05D059 (KASE official list, second subcategory of Non-rated debt securities, KMSBb1; KZT10,000, KZT2.5 bn; 02.07.08 - 02.07.13, four month coupon 15.00 % APR; 30/360).. According to the prospectus of issue of the bonds KOMBISNAB had to pay the interest in the period July 2 through July 11, 2009. The prospectus specifies that "in case of default on payment or incomplete payment at fault of the Issuer of coupon interest and/or the principal in the terms set with the Prospectus, the Issuer shall pay bondholders fines for each day of delay, on the basis of the official refinance rate of the National Bank of Kazakhstan as on the day of compliance with the money obligation or a part thereof". KOMBISNAB informed of the following: Quotation beginning Herewith Kombisnab informs the company is not able to pay coupon interest on the placed bonds..., according to the specified term that is before July 30, 2009. At the time being the company is considering a possibility financial aid may be rendered by AG Capital Partners, which is a trust manager from shareholder A. Anabiev. The coupon payment will be made September 1, 2009. Quotation beginning Below are related links: - KASE news dated June 29, 2009 "KOMBISNAB (Kazakhstan) delays 3 rd coupon payment on bonds KZ2C0Y05D059 (KMSBb1) till July 30, 2009" - http://www.kase.kz/en/news/show/1077383 - KASE news dated June 29, 2009 "KOMBISNAB (Kazakhstan) delays payment of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till July 30, 2009" - http://www.kase.kz/en/news/show/1077380 - KASE news dated June 15, 2009 "KOMBISNAB (Kazakhstan) delays payment of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till June 30, 2009" - http://www.kase.kz/en/news/show/1076336 - KASE news dated May 13, 2009 "KOMBISNAB (Kazakhstan) delays payment of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till June 15, 2009" - http://www.kase.kz/en/news/show/1073744 - KASE news dated April 9, 2009 "KOMBISNAB (Kazakhstan) delays payment of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till May 15, 2009" - http://www.kase.kz/en/news/show/1071064 - KASE news dated March 12, 2009 "KOMBISNAB (Kazakhstan) delays payment of 2nd coupon on bonds KZ2C0Y05D059 (KMSBb1) till April 15, 2009" - http://www.kase.kz/en/news/show/1068811 Currently twelve companies, listed on KASE, informed on insolvency to fully or partially comply with obligations on bonds. The list of defaulted companies is available at the KASE website in section "Issuers" ("default") at: http://www.kase.kz/en/emitters KASE reminds that according to its internal document "Rules on exchange information disclosure" it incurs no responsibility for authenticity of the information it spreads on KASE members and issuers admitted to circulation on KASE, provided such information is based on messages and documents arriving from such members and issuers in pursuance with obligations before KASE. At generation of such information KASE shall not check authenticity of the messages and documents. A person, willing to disprove the information released in this message, must appeal to KASE [2009-08-03]