OREANDA-NEWS. October 21, 2009. Alliance Bank (Almaty) informed Kazakhstan Stock Exchange (KASE) ALB Finance B.V. (Rotterdam) delayed payment of the seventh coupon interest on term-less international bonds XS0251702618 (KASE, "buffer category", ASBNe3; USD150.0 m; circulation started April 19, 2006, semiannual coupon 9.375 % APR, 30/360), reported the press-centre of KASE.

According to the circular of issue of the bonds ALB Finance B.V. had to pay the interest October 19, 2009

Alliance Bank informed:

Quotation begins

Herewith Alliance Bank (hereafter - the Bank) notifies that on October 19, 2009 ALB Finance BV did not pay coupon interest in the amount of USD7,066,575 on Euro bonds... ISIN code: XS0251702618, in connection with coming into effect of the decision of the Alamty special financial court No. 2-21/2009 dated September 18, 2009 on restructuring of Alliance Bank, which suspends necessity for compliance with requirements of the Creditors Committee, obligations before which are supposed to restructure.