Bank CenterCredit Discloses Results of Checking Bonds of BTA Ipoteka
OREANDA-NEWS. August 15, 2012. JSC "Bank CenterCredit" (Almaty), representing holders of the following mortgage bonds of JSC "Subsidiary organization of joint-stock company "BTA Bank" "BTA Ipoteka" (Almaty), reported the press-centre of KASE:
- KZ2C0Y10B251 (KZ2C00000842, BTAIb2; KZT1; KZT1.5 bn; October 21, 2004 - October 21, 2014, semi-annual coupon indexed at inflation rate, 5.90 % APR in the current coupon period; 30/360);
- KZPC3Y10B333 (KZ2C00000909, BTAIb5; KZT100; KZT4.0 bn; May 11, 2005 - May 11, 2015, semi-annual coupon indexed at inflation rate, 5.80 % APR in the current coupon period; 30/360);
- KZP02Y08B648 (KZ2C00000883, BTAIb8, KZT100, KZT7.0 bn; August 22, 2005 - August 22, 2013; semi-annual coupon indexed at inflation rate, 6.40 % APR in the current coupon period; 30/360);
- KZP03Y10B642 (KZ2C00000867, BTAIb9; KZT100, KZT4.0 bn; February 21, 2006 - February 21, 2016, semi-annual coupon indexed at inflation rate, 6.00 % APR in the current coupon period; 30/360);
- KZP05Y07C112 (KZ2C00000859, BTAIb14; KZT100, KZT10.0 bn; April 3, 2007 - April 3, 2014, semi-annual coupon indexed at inflation rate, 4.70 % APR in the current coupon period; 30/360);
listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of a random inspection of the collateral as for compliance with obligations of JSC "Subsidiary organization of joint-stock company "BTA Bank" "BTA Ipoteka¬ towards its bondholders according to collateral registers as of July 1, 2012.
On the basis of the inspection JSC "Bank CenterCredit" has informed of the following:
quote
The collateral and collateral ratio of the mortgage bonds comply with requirements of the bond prospectuses and collateral agreements. Coupons are paid timely and in full.
According to the random inspection, the Representative has recommended to the Issuer to enforce further control over data entry into the loan registering system, monitoring collateral and inform of relevant measures taken.
Responsibility for the accuracy of the provided information required for analysis of state of the collateralized property rests with the management of JSC "Subsidiary organization of joint-stock company "BTA Bank" "BTA Ipoteka".
In addition, we inform you of an early repayment of bonds JSC "Subsidiary organization of joint-stock company "BTA Bank" "BTA Ipoteka" on the following issues: NIN KZP07Y10C112, NIN KZP01Y10C115 and complete fulfillment by the Issuer of liabilities towards bondholders on July 25, 2012.
Комментарии