DTZ Announces Partial Repayment of Overdue 6th Coupon on its Bonds
OREANDA-NEWS. March 02, 2012. JSC "Doszhan Temir Zholy (DTZ)" (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE on partial repayment of the overdue sixth coupon interest on its infrastructure bonds KZ2CKY23B672 (KZ2C00000701, KASE official list's buffer category, DTJLb1; KZT1,000, KZT30.0 bn; August 2, 2005 - August 2, 2028, inflation rate indexed annual coupon, 8.75 % APR in the current coupon period, 30/360), reported the press-centre of KASE.
The letter of JSC "Doszhan Temir Zholy (DTZ)" says as follows:
According to an approved Action Plan, JSC "Doszhan Temir Zholy (DTZ)" out of funds accumulated at the expense of exploitation of the railway, on February 23, 2012 through its payment agent JSC "ATFBank" paid the sixth remaining part of coupon interest in the size of 4% from the interest accrued for the 6th coupon period to all bondholders. JSC "ATFBank" has informed by letter #2015/1323 of February 27, 2012 on payment on February 24, 2012 of interest to holders of DTZ bonds in the amount of KZT89,381,017.40 (eighty nine million three hundred eighty one thousand seventeen tenge 40 tiyin), the rest of the interest due equals to KZT44,690,508.70 (2 % of the interest accrued).
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