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Almaty: TuranAlem Securities JSC (Kazakhstan) says Bank TuranAlem JSC (Kazakhstan) paid the 7th coupon on its first issue bonds

19.08.2004 /  TuranAlem Securities 

TuranAlem Securities JSC (Almaty) has informedKASE with the official letter about the fact that on August 19 of 2004 BankTuranAlem JSC (Almaty) paid the sixth coupon to holders of its first issuebonds (KZ2CUY08A320; BTASb1; official "A" listing category, $100; $20.0 m; February 19, 01 - February 19, 09; semi-annual coupon 12.0% APR).According to the information, the coupon interest has been charged incompliance with the registered issue terms in amount of KZT161,274,727.38. Total payments excluding tax deducted at the source of the payment totaled KZT160,960,761.30.Judging on the mentioned amount, 98.6% of the registered bonds were incirculation at register fixation date (July 19, 04)