Moody's withdrew the ratings of JSC KazAgroFinance at the request of the company
23.07.10 20:05
/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]