BURLINGAZSTROY Pays 2nd Coupon on Bonds
OREANDA-NEWS. On August 21, 2008 BURLINGAZSTROY (Astana) informed Kazakhstan Stock Exchange (KASE) that the company paid the second coupon interest to holders of bonds KZ2C0Y05C556 (official KASE list of category "B", BGSTb1, KZT1,000, KZT3.0 bn.; 01.08.07 - 01.08.12, semiannual coupon 10.00 % APR, 30/360), reported the press-centre of KASE.
According to the information provided, the sum of payment made up KZT150,000,000.00, the sum of fine - KZT229,167.00.
BURLINGGAZSTROY brings apologies to holders of bonds KZ2C0Y05C556 for untimely payment of the second coupon and additionally informs that the share register has been fixed timely and accrual of interest has been made at the term, set by the bond issue prospectus. Coupon interest payment has been delayed due to technical reasons and not related to financial state of the company.
According to the company as on August 20, 2008 coupon interest and fines accrued in accordance with terms of the prospectus of issue of bonds KZ2C0Y05C556 have been paid in full for each day of delay.
KASE draws attention not to have checked accuracy of the information, provided in the notification of the source. The total responsibility for accuracy of the published information is incurred by the person, indicated in the message as the source. The persons, willing to disprove the information published in this message, must apply to KASE with a corresponding official letter.
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