Moody's присвоило рейтинг "Ba3" евробондам АО "Нурбанк" (Казахстан)

/REUTERS, заголовок KASE, 26.09.06/ - Международное рейтинговое агентство Moody's присвоило рейтинг "Ba3" необеспеченным облигациям, выпущенным казахстанским Нурбанком в иностранной валюте, говорится в сообщении агентства. Прогноз рейтинга - стабильный. Ниже приводится оригинальный текст сообщения Moody's Investor Service. MOODY'S RATES NURBANK'S SENIOR UNSECURED NOTES AT BA3 Moscow, September 26, 2006 - Moody's Investors Service has assigned a Ba3 rating to the senior unsecured foreign currency notes issued by NurFinance B.V. (the issuer) unconditionally and irrevocably guaranteed by JSC Nurbank (Nurbank). The proceeds from the issue will be deposited with Nurbank. The outlook for the rating is stable. The holders of the notes will be relying for repayment solely and exclusively on Nurbank's ability to make payments under the deposit and guarantee agreements. Moody's Ba3 rating is based on Nurbank's fundamental credit quality. Nurbank's obligations under the guarantee agreement will rank at all times at least pari-passu with the claims of all other unsecured and unsubordinated creditors of the bank, save for those claims that are preferred by any relevant law. The terms and conditions of the notes contain a negative pledge clause and a cross- acceleration clause for both Nurbank and the issuer as well as a covenant that Nurbank's total capital ratio calculated in accordance with Basel requirements should not fall below 10%. In the event the capital adequacy ratio where to approach 10%, the bank's ratings would become unstable and significant downward pressures may ensue. According to Moody's, the notes might be eligible for early redemption by the noteholders in the event of a merger or a sale of assets, if this results in Nurbank being downgraded by two notches or in the withdrawal of its ratings. Nurbank is headquartered in Almaty, Kazakhstan and had total IFRS-consolidated assets of KZT142 billion (US$1.2 billion) as of 30 June 2006. London Adel Satel Managing Director Financial Institutions Group Moody's Investors Service Ltd. JOURNALISTS: 44 20 7772 5456 SUBSCRIBERS: 44 20 7772 5454 Moscow Vladlen Kuznetsov Asst Vice President - Analyst Financial Institutions Group Moody's Eastern Europe Telephone: +7-495-771-7146 Facsimile: +7-495-937-8290 [2006-09-26]