ATFBank Provided Explanations of Batys Tranzit of Lack of Funds
OREANDA-NEWS. On November 20, 2008 ATFBank (Almaty), acting as the representative of holders of infrastructural bonds KZ2CKY13B996 (KASE official list, the second subcategory of "Non-rated Debt Securities" category, BTTRb1; KZT100, KZT18,830.0 m.; March 30, 06 - March 30, 19, the annual coupon indexed on the inflation rate, 19.20 % APR for the current period, 30/360) of Batys transit (Almaty), provided in addition to its letter of November 13, 2008 # 07.2.15/10344 written explanations to Batys tranzit of money deficiency reasons and measures being undertaken by the company to ensure the coupon payment on March 30, 2009 on placed bonds, reported the press-centre of KASE.
The explanations (letter to Batys transit of November 17, 2008 # 863) are available on KASE website at http://www.kase.kz/files/mix/Letter_bttr_171108.pdf




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