Moody's Investors Service присвоило долгосрочный рейтинг в иностранной валюте "Bа3" планируемым нотам АО "АТФБанк" (Казахстан)

/REUTERS, заголовок KASE, 01.11.06/ - Международное рейтинговое агентство Moody's присвоило планируемому выпуску субординированных нот участия в кредите (LPN) АТФбанку (Казахстан) долгосрочный рейтинг в иностранной валюте "Ba3", говорится в сообщении агентства. Ниже приводится оригинальный текст сообщения агентства Moody's Investors Service. MOODY'S RATES ATFBANK'S SUBORDINATED NOTES AT BA3 Moscow, November 01, 2006 - Moody's Investors Service has assigned a long- term foreign currency debt rating of Ba3 to the upcoming issue of subordinated loan participation notes to be issued on a limited recourse basis by ATF Capital B.V. for the sole purpose of funding a subordinated loan to Kazakhstan's ATFBank (rated Ba1/NP for deposits and D- for financial strength). These notes and the underlying loan will qualify as junior subordinated debt as per Moody's classification. The amount of the issue has yet to be determined. The final rating will be assigned upon receipt and review of the final documentation. The outlook for the rating is stable. The rating is based on Moody's assessment of ATFBank's fundamental credit quality which incorporates, apart from the bank's intrinsic financial strength, potential support from the Kazakhstani authorities in the event of need, in reflection of ATFBank's importance to the national banking system as the country's fourth-largest bank with an 8% market share in terms of banking assets as at 31 December 2005. The Tier I securities will be undated perpetual, but will be callable by the issuer commencing from the 10th anniversary from the date of the issue (subject to regulatory approval). The rating also takes account of the relative ranking of the Tier I securities, which will stand senior to equity and preferred stock holders, on a par with unsecured, perpetual, non-cumulative, subordinated obligations, but behind most of the senior unsecured and dated non-perpetual subordinated obligations, in case of liquidation. Moody's also notes that the rating factors in the bank's mandatory obligation to suspend non-cumulative interest payments (in full or in part) on the underlying loan and on the notes, if it were in breach of local prudential capital adequacy requirements or if the payment results in such breach. In evaluating the securities for equity consideration as per Moody's baskets, the agency noted that the securities qualify for basket A (100% debt) based on the callable feature of the notes, the relatively weak trigger for ceasing coupon payments, as well as the securities' ranking in liquidation. ATFBank is headquartered in Almaty, Kazakhstan and reported total consolidated assets of KZT359.1 billion (US$2.7 billion) and total shareholders' equity of KZT27.5 billion (US$206 million) under IFRS as at year-end 2005. 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 [2006-11-02]