Imstalcon announces delay in payout of 13th coupon on bonds KZP02Y07D547 (KZ2C00000446, IMSKb2)
OREANDA-NEWS. Imstalcon (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has in an official letter informed KASE of the following:
"... as of March 30, 2016 the decision of Almaty Special inter-district economic court of January 25, 2016 concerning applying of rehabilitation to Imstalcon is in effect.
According to said decision all bodies of the legal entity (Imstalcon) were deprived of the right of disposal of assets (including cash) leading to the Company being unable to pay coupon interest on debt securities NIN KZP02Y07D547 in April 2016 to the amount of KZT33,681,428 …"