OREANDA-NEWS. November 20, 2009. RT Holding (Almaty, in the quotation - the company) informed Kazakhstan Stock Exchange (KASE) by the official letter on delay of the fourth coupon interest payment on its bonds KZPP1Y05C357 (KASE official list Non-rated Debt Securities second subcategory, KSMKb2; KZT1,000, KZT1.3 bn; November 6, 07 - November 6, 12; the semi-annual coupon indexed at the inflation rate, 11.00 % APR for the reporting coupon period, 30/360), reported the press-centre of KASE. 

According to the mentioned bonds issue prospectus RT Holding must have paid the interest on November 6-19, 2009.

In the letter RT Holding informed that:

quotation start

The main cause of delay is the decrease of operations due to the sharp decline of the consumer demand for construction materials in the Republic of Kazakhstan and non-fulfillment of obligations by debtors. Considering the above said we request to extend coupon interest payment time for the fourth coupon period for 10 (ten) months till August 6, 2010.

quotation end

At present twelve companies, securities of which are present in KASE official list, informed on inability to fully or partially fulfill their obligations on bonds. Listed companies defaulted payment on bonds is available on KASE website in section "Issuers" ("default") at address http://www.kase.kz/en/emitters

KASE reminds that in compliance with the Exchange internal document "Rules of Exchange Information Dissemination", KASE is not responsible for authenticity of disseminated information on the Exchange members and securities issuers, admitted to circulation on the Exchange, if this information is based on messages and documents received by the Exchange from these members and securities issuers in pursuance of their obligations to the Exchange. KASE does not validate the mentioned messages and documents when developing this information. Individuals, willing to refute the information, published in this message, must apply to KASE by a corresponding official letter.