EKOTON Delays Payment of 10th Coupon on Bonds
OREANDA-NEWS. November 25, 2011. EKOTON+ (Astana) has by an official letter informed Kazakhstan Stock Exchange (KASE) of a delay in payment of the tenth coupon interest on bonds KZ2C0Y14C210 (KZ2C00001287, KASE official list, second sub-category of Non-Rated Debt Securities category, EKTNb1; KZT100, KZT1.0 bn; October 16, 2006 - August 16, 2020, semi-annual coupon 10.00 % APR; 30/360), reported the press-centre of KASE.
According to these bonds issue prospectus EKOTON+ was to pay this interest on October 3-14, 2011.
In its letter EKOTON+ has informed that:
JSC "EKOTON+" has not paid coupon interest on its bonds (NIN - KZ2C0Y14C210) for the period from April 16 to October 1, 2011.
The total amount in arrears is currently equal to KZT198,172,216.67.
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