Alliance Bank Announced Payment of 4th Coupon on International Bonds
OREANDA-NEWS. March 29, 2012. Alliance Bank announces payment of the third coupon interest within the following notes issues, reported the press-centre of KASE:
- Notes in USD due 2017 with ISIN code XS0495755562 (RegS) / XS0495755646 (Rule 144 A), with 10.5% coupon;
- Notes in KZT due 2017 with ISIN code XS0496645085 (Reg S) / XS0496645242 (Rule 144А), with 14.5% coupon;
- Notes in USD due 2020 with ISIN code XS0495756370 (Reg S) / XS0495756453 (Rule 144А), with 4.7% coupon, of which 2% were
paid in cash and 2.7% were capitalized;
- Notes in KZT due 2020 with ISIN code XS0496645671 (Reg S) / XS0496645838 (Rule 144А), with 9% coupon, of which 4.25% were
paid in cash and 4.75% were capitalized;
- Notes in KZT due 2030 with ISIN code XS0496645911 (Reg S) / XS0496646059 (Rule 144A), with 9.5% coupon, of which 4.5% were
paid in cash and 5% were capitalized.
The payment was executed in accordance with the Terms and Conditions of the Notes' issues and was distributed pro rata among the Noteholders shown in the Registrar at the Record date, being 20 March, 2012 for KZT denominated Notes and 23 March, 2012 for USD denominated Notes. The total amount of payment was about USD 38.6 mln.
Another Recovery Notes Payment in the amount of USD 4,712,887 or around USD 4.82 per each Note was also executed on 26 March, 2012. The payment was made from the Corporate and SME Pool cash recoveries, in accordance with the Terms and Conditions of the Recovery Notes issue. Recovery payment was distributed pro rata among the Noteholders shown in the Registrar at the Record date - 23 March, 2012.
USD 978,059 Recovery Notes with ISIN code XS0495755729 (Reg S)/XS0495756024 (Rule 144A) due 2020 were issued on 25 March, 2010. Recovery Notes Payments are made quarterly, pro rata to Noteholders on 25 June, 25 September, 25 December and 25 March of each year starting 1 March, 2010 till 24 March, 2017.
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