Kaspi Bank Redeems Bonds
OREANDA-NEWS. June 02, 2010. Kaspi Bank (Almaty) informed Kazakhstan Stock Exchange (KASE) the bank redeemed indexed to devaluation of tenge to dollar subordinated bonds KZ2CKY07A743 (KASE, first subcategory of Non-rated debt securities, CSBNb2; KZT20,000, KZT3.1 bn; 28.05.03 - 28.05.10; semiannual coupon 9.50 % APR; 30/360), having thereby redeemed the last - the fourteenth coupon interest, reported the press-centre of KASE.
The total payments on the bonds reached KZT3,244,632,950.00, including KZT3,097,420,000.00 of the principal, and KZT147,212,950.00 of the fourteenth coupon interest.
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