/IRBIS, July 23, 2010/ - Moody's Investors Service withdrew the Ba2 long-term and Not Prime short-term issuer rating in national and foreign currency JSC KazAgroFinance for commercial reasons, following an official request from the JSC KazAgroFinance,- it's stated the report from Moody's on July 22.

Prior to withdrawal of long-term ratings outlook was "stable".

As noted, recent rating actions Moody's in relation to the company were made May 4, 2010, when the rating agency downgraded the long-term issuer rating in local and foreign currency to Ba2 from Ba1, outlook was changed to "stable" from "negative."

Assets JSC KazAgroFinance is $ 709 million capital is U.S. $ 344 million, in accordance with IFRS as at the end of 2009.

[2010-07-23]