DTZ Announces Repayment of Overdue 6th Coupon on its Bonds
OREANDA-NEWS. March 26, 2012. 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, through its payment agent JSC "ATFBank" paid the seventh remaining part of coupon interest to all bondholders in the size of 2% from the interest accrued for the 6th coupon period. JSC "ATFBank" has informed by letter #2015/1655 of March 14, 2012 on payment on March 13, 2012 of interest to holders of DTZ bonds in the amount of KZT44,690,508.70 (forty four million six hundred ninety thousand five hundred eight tenge 70 tiyin), reported the press-centre of KASE.
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We remind that according to the mentioned bonds issue prospectus JSC "Doszhan Temir Zholy (DTZ)" was to make payment of interest due for the 6th coupon period on August 2 - 15, 2011.
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