OREANDA-NEWS. July 14, 2009. EL-DOS (Almaty) informed Kazakhstan Stock Exchange (KASE) on partial payment of the principal on bonds KZ2CKY05B182 (ELDSb1; KZT1, KZT700.0 m; 06.05.04 - 06.05.09, semiannual coupon indexed to inflation rate, 15.00 % APR as for the last coupon period; 30/360), reported the press-centre of KASE.

According to the prospectus of issue of the bonds EL-DOS had to pay the principal in the period May 6 through May 13, 2009. The prospectus specifies "in case the Issuer defaults on any sum, which they must pay on bonds in accordance with the prospectus in the terms set, the Issuer must pay bondholders the principal and fine for each day of delay, calculated on the basis of the official refinance rate of the National Bank as on the day of compliance with the money obligations or a part thereof".

EL-DOS informed of the following:

Quotation beginning

EL-DOS informs as on July 10, 2009 the company had unpaid debt in the amount KZT590,164,380.00. ... The planned date to repay the remained debt is September 1, 2009.

Quotation end

It was informed earlier the bonds were de-listed from KASE May 6, 2009 as circulation term expired.

Below are related links:

- KASE news dated June 5, 2009 "EL-DOS (Kazakhstan) to pay principal on bonds KZ2CKY05B182 (ELDSb1) till June 30, 2009" - http://www.kase.kz/en/news/show/1075678

- KASE news dated May 13, 2009 "EL-DOS (Kazakhstan) partially pays 10th coupon on bonds KZ2CKY05B182 (ELDSb1), delays payment of principal" -   http://www.kase.kz/en/news/show/1073746

At the time being eleven companies, listed on KASE, informed on insolvency to partially or fully comply with obligations on bonds. The list of companies defaulted on bonds is available at the KASE website at section "Issuers" ("default") at: http://www.kase.kz/en/emitters