Unicorn IFC Checked Pledge on Bonds of Hypothecary Organization KMC
OREANDA-NEWS. March 11, 2010. Unicorn IFC (Almaty), the representative of holder of mortgage bonds KZP04Y04C492 (KZIKb19; KZT1, KZT5.0 bn; July 15, 09 - July 15, 13, the semi-annual coupon indexed at the inflation rate, 10.20 % APR for the current coupon period; 30/360) of Hypothecary organization Kazakhstan Mortgage Company (Almaty), present in Kazakhstan Stock Exchange (KASE) official list, informed KASE by the official letter on the random check up of pledge securing obligations of Hypothecary organization Kazakhstan Mortgage Company on mentioned bonds, as of January 1, 2010, reported the press-centre of KASE.
Based on the check up results Unicorn IFC informed that:
During the check up no incompliance was detected on the issue KZP04Y04C492 as of January 1, 2010.
Conclusions:
The check up of provided clients files proves the following:
1. The pledge status, securing the bonds issue of Hypothecary organization Kazakhstan Mortgage Company meets requirements for securities in compliance with the legislation of the Republic of Kazakhstan.
2. The securing coefficient of mortgage bonds securing meets requirements of the bonds issue prospectus and the pledge agreement.
3. The coupon interest is paid timely and completely.
This report relates only to above defined issues and does apply to any financial statements of the company.
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