OREANDA-NEWS. On August 18, 2009 Kazakh distribution company (Almaty) informed Kazakhstan Stock Exchange (KASE) the company intends to repay the remaining part of the debt on payment of the fourth coupon interest on bonds KZ2C0Y03C387 (KASE official list, second subcategory of Non-rated debt securities, KZDKb1; KZT1,000, KZT1.0 bn; 01.03.07 - 01.03.10, semiannual coupon indexed to inflation rate, 11.00 % APR as for the reporting coupon period; 30/360) till December 31, 2009, reported the press-centre of KASE.

According to the prospectus of issue of the bonds Kazakh Distribution Company had to pay the coupon interest in the period March 1 through March 16, 2009. The prospectus specifies "in case of default on amount payable to bondholders in accordance with terms of the Prospectus, the issuer must pay bondholders a fine for each day of delay, based on the official refinance rate of the National Bank of Kazakhstan as on the day of money obligations or a part thereof".

Earlier Kazakh distribution company informed KASE as on April 8, 2009 the company partially paid the coupon on the bonds in the amount of KZT7,400,000.00.