OREANDA-NEWS. On August 17, 2009 Kazneftehim (Almaty) informed Kazakhstan Stock  Exchange (KASE) the company delayed payment of 9th coupon interest on indexed to devaluation of tenge to dollar bonds KZ2CKY05B273 (KASE official list, second subcategory of Non-rated debt securities, KZNHb2; KZT1, KZT4.0 bn; 18.02.05 - 18.02.10, semiannual coupon 10.00 % APR; 30/360), reported the press-centre of KASE.

According to the prospectus of issue of the bonds Kazneftehim had to pay the interest in the period August 18 through August 20, 2009. If the delay on coupon payment exceeds 15 days bondholders may "through a written notification announce Kazneftehim and the Registrar that the bonds are subject to immediate maturity".

Kazneftehim informed of the following:

Quotation beginning

... due to untimely receipts from export of oil we have to ask for a postponement in redemption of 9th coupon interest to all holders of KZ2CKY05B273 according to the bond register - till September 30, 2009.

We fully guarantee payment of the coupon.