OREANDA-NEWS. March 15, 2010. Alternative finance (Almaty) informed Kazakhstan Stock Exchange (KASE) by the official letter on delay of the seventh coupon interest on bonds KZPC1Y05C145 (KASE official list Non-rated Debt Securities second subcategory, ALLZb1; KZT1, KZT2.5 bn; August 22, 06 - August 22, 11, the semi-annual coupon 9.50 % APR; 30/360), reported the press-centre of KASE.

According to these bonds issue prospectus Alternative finance was to pay the interest on February 22 - March 5, 2010.

In the letter Alternative finance informed that:

Hereby, we inform on non-payment of the seventh (next) coupon interest on bonds - KZPC1Y05C145 in the size of KZT29,542 th. with the period of payment February 22 - March 5, 2010. The supposed maturity date is March 10, 2010.

In compliance with item 8 of article 31 of the Law of the Republic of Kazakhstan "On Securities Market" Alternative finance shall repay holders the forefeit.

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At present twelve companies, securities of which are present in KASE official list, informed on inability to fully or partially fulfill their obligations on bonds. Listed companies defaulted payment on bonds is available on KASE website in section "Issuers" ("default") at address http://www.kase.kz/en/emitters