National Managing Holding KazAgro says agency Standard & Poor's downgraded company ratings to "ВВ+/В" and international bonds to "BB+", outlook negative

02.03.16 18:18
/KASE, March 2, 16/ – National Managing Holding KazAgro JSC (Astana, hereinafter – the Holding), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE that "the rating agency Standard & Poor's downgraded the ratings of the Holding to the level of "ВВ+/В" and the ratings of the Holding's bonds (ISIN XS0934609016 and XS1070363343) to the level of "ВВ+" with a negative outlook". The said letter and report of the agency Standard & Poor's of February 24, 2016 provided by National Managing Holding KazAgro JSC are available on KASE website in Russian at http://www.kase.kz/files/emitters/KZAG/kzag_rating_240216.pdf [2016-03-02]