Karaganda Factory of Asbestos-Cement Products Delays Payment on Bonds
OREANDA-NEWS. July 13, 2011. Karaganda factory of asbestos-cement products (Karagandy region) has by an official letter informed Kazakhstan Stock Exchange (KASE) of the delayed payment of the ninth coupon interest on its bonds KZPC2Y05B806, KZ2C00001527 (KASE official list, first sub-category of Non-Rated Debt Securities category, KAZIb2; KZT1, KZT1.5 bn; December 5, 2006 - December 5, 2011; semi-annual coupon 10.00 % APR, 30/360), reported the press-centre of KASE.
According to the bonds prospectus, Karaganda factory of asbestos-cement products has to pay the interest in the period from June 6-17, 2011.
The list of listing companies, that admitted default on bonds, is available at the KASE website in section "Issuers" (tab "default") at http://www.kase.kz/en/emitters
KASE reminds that in accordance with the internal document "Rules on Release of Exchange Information" it does not assume responsibility for accuracy of the information it spreads in regard of KASE members and issuers listed on KASE, if such information is based on messages and documents, received from such members and issuers in pursuance with their obligations before the Exchange. At generation of such information KASE does not check accuracy of the messages and documents. The person, willing to disprove the information released in this message, must address to KASE with a corresponding official letter.
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