OREANDA-NEWS. August 05, 2009. KOMBISNAB (Almaty oblast) informed Kazakhstan Stock Exchange (KASE) the company delayed payment of the third coupon interest on bonds KZ2C0Y05D059 (KASE official list, second subcategory of Non-rated debt securities, KMSBb1; KZT10,000, KZT2.5 bn; 02.07.08 - 02.07.13, four month coupon 15.00 % APR; 30/360), reported the press-centre of KASE.

According to the prospectus of issue of the bonds KOMBISNAB had to pay the interest in the period July 2 through July 11, 2009. The prospectus specifies that "in case of default on payment or incomplete payment at fault of the Issuer of coupon interest and/or the principal in the terms set with the Prospectus, the Issuer shall pay bondholders fines for each day of delay, on the basis of the official refinance rate of the National Bank of Kazakhstan as on the day of compliance with the money obligation or a part thereof".

KOMBISNAB informed of the following:

Herewith Kombisnab informs the company is not able to pay coupon interest on the placed bonds..., according to the specified term that is before July 30, 2009. At the time being the company is considering a possibility financial aid may be rendered by AG Capital Partners, which is a trust manager from shareholder A. Anabiev.

The coupon payment will be made September 1, 2009.