Fitch присвоило евробондам АО "Банк ТуранАлем" (Казахстан) рейтинг "ВВ+"
19.09.06 21:50
/REUTERS, перевод Владимира Кузнецова, 19.09.06/ - Международное
рейтинговое агентство Fitch Ratings присвоило во вторник
запланированному выпуску международных облигаций казахстанского
банка ТуранАлем ожидаемый долгосрочный рейтинг "ВВ+".
Рейтинг бондов соответствует рейтингу дефолта эмитента самого банка.
Ниже приводится оригинальный текст сообщения агентства Fitch Ratings.
FITCH ASSIGNS BANK TURANALEM'S UPCOMING EUROBOND EXPECTED BB+' RATING
Fitch Ratings-London/Moscow-19 September 2006: Fitch Ratings has today
assigned TuranAlem Finance B.V.'s ("TAF") upcoming EUR fixed-rate eurobond
issue due 2011 an expected 'BB+' Long-term rating. The final rating is
contingent upon receipt of final documentation conforming materially to
information already received.
The issue is to be guaranteed by Kazakhstan's Bank TuranAlem ("BTA"), rated
foreign currency Issuer Default 'BB+'/Stable, local currency Issuer Default
'BBB-' (BBB minus)/Stable, Short-term foreign currency 'B', Short-term local
currency F3', Individual 'C/D' and Support '3'. Proceeds from the issue will
be deposited with BTA.
The issue is to be made within the framework of BTA's and TAF's USD3 billion
global medium-term note programme, rated Long-term 'BB+' for senior
unsecured foreign currency notes with maturities in excess of one year and
Short-term 'B' for senior unsecured foreign currency notes with maturities of
less than one year. Details of the programme can be found in Fitch's
announcement of 7 November 2005, available on the agency's website at
www.fitchresearch.com.
BTA's guarantee of the upcoming issue is to rank at least equally with all
present or future unsecured senior obligations of the bank, save those
preferred by relevant provisions of law and of general application. Under
Kazakhstani law, the claims of retail depositors rank above those of other
senior unsecured creditors. At end-2005, retail deposits accounted for 13%
of BTA's total liabilities, according to the bank's International Financial
Reporting Standards ("IFRS") accounts.
BTA was the second largest commercial bank in Kazakhstan by IFRS assets at
end-2005, and has top three positions in all major market segments. The bank's
common stock is owned primarily by a number of Kazakh investors.
Contact:
James Watson, Alexei Kechko, Moscow,
Tel: +7 495 956 9901.
Media Relations: Jon Laycock, London,
Tel: +44 20 7417 4327.
[2006-09-19]