Agricultural Credit Corporation announces Standard & Poor's has affirmed the company’s ratings and its bonds, outlook "Stable"

10.07.18 10:11
/KASE, July 10, 2018/ – Agricultural Credit Corporation (Аstana, hereinafter, the Company), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows: quote ... In accordance with a letter of the international rating agency S & P Global Ratings dated July 5, 2013, the Company has confirmed the long-term and short- term credit ratings at the level of "BB / B" and the national scale rating "kzA". The outlook on the long-term rating is "Stable". At the same time, we note that for the 1st bond issue (AGKK b4, NIN KZP01Y09E709) and the 2nd bond issue (AGKK b5, KZP02M90E700) within the 2nd bond program of the Company, the ratings have been confirmed at a similar level. unquote Complete information is posted on the KASE website – http://kase.kz/files/emitters/AGKK/agkk_confirmation_rating_050718_2948.pdf [2018-07-10]