ATFBank Informs on Capitalization Measures of Doszhan Temir Zholy
OREANDA-NEWS. On April 02, 2009 ATFBank (Almaty), the representative of holders of infrastructural bonds KZ2CKY23B672 (KASE official list, the second subcategory of "Non-rated Debt Securities", DTJLb1; KZT1,000, KZT30.0 bn.; August 2, 05 - August 2, 28, the annual coupon indexed on the inflation rate, 19.95 % APR for the current coupon period, 30/360) of Doszhan Temir Zholy (DTZ) (Almaty), provided to Kazakhstan Stock Exchange (KASE) copies of letters of the National Welfare Fund Samruk-Kazyna (Astana) of March 27, 2009 # 18-07-11/1879 and Doszhan Temir Zholy (DTZ) of March 17, 2009 # 189, reported the press-centre of KASE.
The mentioned letters were received in response to ATFBank request to provide the information on measures aimed at capitalization of Doszhan Temir Zholy (DTZ) on payment of the third coupon interest on mentioned bonds.
We remind that mentioned bonds were issued by Doszhan Temir Zholy (DTZ) to receive money for implementation of the project "Construction and maintenance on the new railway Station Shar - Ust-Kamenogorsk". The company defaulted payment of coupon interest on mentioned bonds for the third coupon period (August 2, 2007 to August 2, 2008).
The National Welfare fund Samruk-Kazyna letter of March 27, 2009 # 18-07-11/1879 is published on KASE website at address http://www.kase.kz/files/mix/letter_skkz_09_03_27.pdf
Doszhan Temir Zholy (DTZ) letter of March 17, 2009 # 189 is published on KASE website at address http://www.kase.kz/files/mix/letter_dtjl_09_03_17.pdf
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