OREANDA-NEWS. November 10, 2009. KOMBISNAB (Almaty oblast) informed Kazakhstan Stock Exchange (KASE) on delay of payment of the fourth coupon interest on bonds KZ2C0Y05D059 (KASE, "buffer category", 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 November 2 through November 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:

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Herewith Kombisnab informed the company can not pay the coupon interest on placed bonds..., in the specified terms, that is, till November 12, 2009, since shareholders failed to provide financial aid.

Coupon interest shall be paid November 30, 2009.