National company Kazakhstan Temir Zholy announces redemption of KZT2 bn worth of bonds

/KASE, July 10, 14/ – National company "Kazakhstan Temir Zholy" JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of July 4, 2014: quote Hereby joint-stock company National company "Kazakhstan Temir Zholy" JSC being a first-class issue of notes in accordance with Resolution No. 245 of the Board of Directors of the National Bank of the Republic of Kazakhstan of December 25, 2013 announces timely redemption on July 4, 2014 of notes to the amount of KZT2,000,000,000 (two billion). These notes were issued for payment under the agreement on purchase of services on provision of pulling engines (locomotive series) in favor of joint-stock company "Locomotive" and under agreements on purchase of work on capital repair of railways in favor of Temirzhol Zhondeu limited liability partnership. unquote [2014-07-10]