/KASE, March 14, 16/ – National managing holding "KazAgro" JSC (Astana,
hereinafter – the Holding), whose bonds are officially listed on Kazakhstan
Stock Exchange (KASE), has in an official letter informed KASE that "rating
agency Standard & Poor's downgraded ratings of the Holding to "ВВ+/В", as well
as ratings of the Holding's bonds (ISIN XS0934609016 and XS1070363343) – to
"ВВ+", following a decrease in sovereign credit ratings of Kazakhstan, with a
negative outlook".
The said letter and report of agency Standard & Poor's of February 24, 2016,
provided by National managing holding "KazAgro" JSC, are available on KASE
website, at
http://www.kase.kz/files/emitters/KZAG/kzag_rating_240216.pdf
[2016-03-14]