Intertrust

Capital Markets Members login

Send_me
Forgot password?

Kazakh Mortgage-Backed Securities 2007-1 B.V.

NOTICE

to the holders of those of the outstanding

US$ 123,000,000 Class A Mortgage Backed Floating Rate Notes due 2029
(ISIN code XS0293196266) (the Class A Notes)

US$ 11,300,000 Class B Mortgage Backed Floating Rate Notes due 2029
(ISIN code XS0293196696) (the Class B Notes)

US$ 7,100,000 Class C Mortgage Backed Floating Rate Notes due 2029
(ISIN code XS0293196779) (the Class C Notes)

 

(together the Notes)

 

of Kazakh Mortgage-Backed Securities 2007-1 B.V.
(the Issuer)

NOTICE OF RESULT OF MEETING OF THE HOLDERS OF THE CLASS A NOTES (the Class A Noteholders )

On 24 July 2012 at 11.00 hrs a Meeting of the Class A Noteholders was held at the offices of ATC Capital Markets at Olympic Plaza, Fred Roeskestraat 123, 1076 EE Amsterdam, The Netherlands.

Defined terms which are used in this Notice and which are not otherwise defined herein shall have the meaning given to them in the Notice of Meeting dated 29 June 2012 sent by the Issuer to the Class A Noteholders and attached as Annex I to this Notice..

The result of the meeting is as follows:

1.          EXTRAORDINARY RESOLUTION NO.1

Resolution to authorise BTAI to make the Proposed Notification for and on behalf of the Loan Notes Issuer to the borrowers

Not Passed.

As set out in the Notice of Meeting, in order for the Loan Notes Issuer to satisfy its obligations to comply with all applicable law under the Transaction Document, the Loan Notes Issuer shall nevertheless authorise BTAI to make the Proposed Notification.

2.          EXTRAORDINARY RESOLUTION NO.2

Resolution to authorise BTAI to make the Proposed Reimbursement for and on behalf of the Loan Notes Issuer to the borrowers

Not Passed.

As set out in the Notice of Meeting, in order for the Loan Notes Issuer to satisfy its obligations to comply with all applicable law under the Transaction Document, the Issuer shall nevertheless require the Loan Notes Issuer to authorise BTAI to make the Proposed Reimbursement.

 

 

3.          EXTRAORDINARY RESOLUTION NO.3

Resolution to authorise BTAI to make the Proposed Ongoing Senior Indexation Payments for and on behalf of the Loan Notes Issuer to the borrowers

Not Passed.

As set out in the Notice of Meeting, in order for the Loan Notes Issuer to satisfy its obligations to comply with all applicable law under the Transaction Document, the Issuer shall nevertheless require the Loan Notes Issuer to authorise BTAI to make the Proposed Ongoing Senior Indexation Payments.

4.          EXTRAORDINARY RESOLUTION NO.4

Resolution to authorise BTAI to make any amendments to the mortgage loan contracts for and on behalf of the Loan Notes Issuer

Not Passed.

As set out in the Notice of Meeting, in order for the Loan Notes Issuer to satisfy its obligations to comply with all applicable law under the Transaction Document, the Issuer shall nevertheless require the Loan Notes Issuer to authorise BTAI to make amendments to the mortgage loan contracts for and on behalf of the Loan Notes Issuer to enable the mortgage loan contracts constituting the Mortgage Portfolio to comply with the New Law.

5.          EXTRAORDINARY RESOLUTION NO. 5

Resolution to approve BTAI’s proposal to increase the Servicing Fee

Not Passed.

6.          EXTRAORDINARY RESOLUTION NO. 6

Resolution to approve the reservation of rights in relation to the Servicer Termination Event

Passed.

7.          EXTRAORDINARY RESOLUTION NO. 7

Resolution to approve the continuation of BTAI as Servicer and non-appointment of Halyk Bank as Back-Up Servicer

Passed.

The Issuer announces that the information specified above is "regulated information" for the purpose of article 5:25m of the Dutch Financial Supervision Act (Wet op het financieel toezicht).

 

Amsterdam, 24 July 2012

Kazakh Mortgage-Backed Securities 2007-1 B.V.

ATC Management B.V.

Director of the Issuer

Fred. Roeskestraat 123

1076   EE Amsterdam

The Netherlands

Notice of Result of Meeting of Noteholders 24 July 2012
Private Wealth Services