Fitch Ratings присвоило планируемому выпуску еврооблигаций ALB Finance B.V. (Нидерланды) ожидаемый долгосрочный рейтинг "ВВ-"
03.10.06 21:57
/ИРБИС, Наталья Кузнецова, 03.10.06/ - 03 октября международное
рейтинговое агентство Fitch Ratings присвоило ожидаемый долгосрочный
рейтинг "ВВ-" планируемому выпуску еврооблигаций ALB Finance B.V.
(Роттердам).
Ниже приводится оригинальный текст сообщения агентства Fitch Ratings.
Fitch Assigns Alliance Bank's Upcoming KZT Eurobond Expected 'BB-' Rating
Fitch Ratings-London/Moscow-03 October 2006: Fitch Ratings has today
assigned ALB Finance B.V.'s ("ALB") upcoming KZT issue, payable in USD, an
expected Long-term 'BB-' (BB minus) rating. Proceeds from the notes will be
deposited with Alliance Bank ("Alliance"), rated Issuer Default 'BB-'(BB
minus)/Stable, Short-term 'B', Individual 'D', and Support '3'. The final
rating is contingent upon receipt of final documentation conforming
materially to information already received.
At the same time, Fitch has assigned ALB's USD350 million issue of 9.25%
notes, due September 2013 a final Long-term 'BB-' (BB minus) rating.
Both issues of notes are under the bank's USD1.5 billion global medium-term
note programme (rated Long-term 'BB-' (BB minus)/Short-term 'B' (refer to
Fitch's statement dated 30 March 2006 for the programme's main terms and
conditions). Alliance will unconditionally and irrevocably guarantee the
timely and full repayment of both issues of notes. ALB is a Netherlands-
domiciled subsidiary of Alliance.
Alliance's guarantees of the notes will 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-H106, retail deposits accounted for 11%
of Alliance's total liabilities, according to the bank's International
Financial Reporting Standards accounts.
Alliance was founded in 1993 and was the fourth largest bank in Kazakhstan
by assets at end-H106.
Contact
James Watson, Moscow, Tel: +7 495 956 9901.
Media Relations
Alla Izmailova, Moscow, Tel: +7 495 956 9903;
Jon Laycock, London, Tel: +44 20 7417 4327.
[2006-10-03]