Doszhan Temir Zholy (DTZ) announces partial default on payment of 12th coupon on bonds KZ2C0Y23B676 (KZ2C00000701, DTJLb1)

/KASE, August 15, 2017/ – Doszhan Temir Zholy (DTZ) (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has in an official letter informed KASE of the partial default on payment of the 12th coupon interest on its infrastructure bonds KZ2C0Y23B676 (KZ2C00000701, KASE alternative market, category "bonds", DTJLb1). In said letter Doszhan Temir Zholy (DTZ) states as follows: quote Doszhan Temir Zholy (DTZ) (hereinafter – DTZ) on August 9, 2017 through its payment agent, ATF Bank JSC, made partial payment of coupon interest to all bondholders as of the record date: 01.08.2017. By letter dated August 10, 2017 ATFBank notified of interest payment to holders of DTZ bonds on August 10, 2017 to the amount of KZT1,000,000,000. At the same time, we inform you that in accordance with terms of the Company's bonded loan, DTZ failed to meet obligations in time set in the issue prospectus of bonds (NIN KZ2C0Y23B676). Based on the above-mentioned, as of August 16, 2017 default of DTZ on payment of interest due for the 12th coupon period occurs. The amount of debt makes up KZT2,261,165,110. unquote According to the issue prospectus of the mentioned bonds, Doszhan Temir Zholy (DTZ) was due to pay the 12th coupon interest from August 2 to August 15, 2017. [2017-08-15]