Moody's Investors Service присвоило рейтинг "Ва1" евробондам АО "Банк ЦентрКредит" (Казахстан)

/REUTERS, 09.01.07, заголовок ИРБИС/ - Международное рейтинговое агентство Moody's присвоило рейтинг "Ва1" евробондам казахстанского "Банк ЦентрКредит". "Облигации будут выпущены согласно правилу 144А в долларах США, а сумма, срок и доходность будут определены рыночными условиями", - говорится в сообщении агентства. Ниже приводится оригинальный текст сообщения агентства Moody's. MOODY'S ASSIGNS BA1 RATING TO BANK CENTERCREDIT'S SENIOR NOTES New York, January 08, 2007 -- Moody's Investors Service has assigned a Ba1 long-term foreign currency rating to the senior unsecured notes expected to be issued by CenterCredit International B.V. (Netherlands), a direct wholly-owned subsidiary of Kazakhstan's Bank CenterCredit (BCC, rated Ba1 with a stable outlook). The issue will be unconditionally and irrevocably guaranteed by BCC. The notes will be issued under 144A rule and denominated in US dollars, while the amount, tenor and the price of the notes will be determined by the market conditions. The outlook on the rating is stable. The Ba1 rating incorporates some degree of potential support from the Kazakh authorities in the event of need, in reflection of BCC's importance to the national banking system as the country's sixth-largest bank in terms of total assets and fourth-largest in terms of retail customer deposits as of end- 3Q 2006, with market shares of 8% and 11.3%, respectively. However, Moody's cautions that any outside support for BCC from the authorities in case of distress might be of a limited nature and its extent and timeliness uncertain. The bank's obligations under the guarantee will rank at least pari passu in right of payment with all other senior unsecured obligations. According to the terms and conditions of the notes, BCC must comply with a number of covenants such as negative pledge, limitations on certain transactions, limitation on payment of dividends and maintenance of a minimum consolidated BIS Capital Adequacy Ratio of 10%, a level which the bank has continuously exceeded during the last several years, but which may be more difficult to achieve under the conditions of rapid asset growth. Moody's notes that, while the likelihood that any of the above-mentioned covenants being breached is relatively low at the present time, any such occurrence could potentially have adverse liquidity implications for the bank, and might exert additional downward pressure on its ratings. Headquartered in Almaty, Kazakhstan, BCC reported under IFRS (unaudited) total consolidated assets of KZT514.5 billion (US$4.04 billion) and total shareholders equity of KZT35.19 billion (US$276.6 million) as at 30 September 2006. London Adel Satel ManagingDirector Financial Institutions Group Moody's Investors Service Ltd. JOURNALISTS: 44 20 7772 5456 SUBSCRIBERS: 44 20 7772 5454 Moscow Andrey Naumenko Vice President - Senior Analyst Financial Institutions Group Moody's Eastern Europe Telephone: +7 495 641-1881 Facsimile: +7 495 641-1897 [2007-01-09]