Fitch присвоило будущим евробондам АТФ-банка (Казахстан) рейтинг "В+"

/REUTERS, Лондон, 10.03.05/ - Международное рейтинговое агентство Fitch Ratings присвоило в четверг ожидаемый долгосрочный рейтинг "В+" запланированным международным облигациям казахстанского АТФ-банка. Рейтинг облигаций соответствует долгосрочному рейтингу самого банка. Накануне Казахстанская фондовая биржа сообщила со ссылкой на протокол акционеров АТФ-банка, что он планирует выпустить в 2005 году глобальные ноты на $200 миллионов со сроком обращения 7-10 лет. Роуд-шоу облигаций уже началось, лид-менеджер эмиссии - Credit Suisse First Boston. АТФ-банк является четвертым по величине банком Казахстана. Его активы по МСФО составили на 31 декабря 2004 года $1,337 миллиарда. Ранее будущим евробондам банка агентство S&P присвоило рейтинг "В", а агентство Moody's - рейтинг "В1". Ниже приводится оригинальный текст сообщения агентства Fitch Ratings на английском языке. FITCH ASSIGNS ATF BANK'S UPCOMING EUROBOND EXPECTED 'B+' RATING Fitch Ratings-London/Moscow-10 March 2005: Fitch Ratings, the international rating agency, has today assigned Kazakhstan-based ATF Bank's ("ATF") upcoming Eurobond an expected Long-term 'B+' rating. ATF is rated Long-term B+' with a Stable Outlook, Short-term 'B', Individual 'D', and Support '4'. The rating is contingent upon receipt of final documentation conforming materially to information already received and the final rating will be confirmed at that time. The notes are to rank at least pari passu with the claims of other unsecured creditors of ATF, save those preferred by relevant legislation. Covenants prevent ATF entering into transactions of USD3 million or more on other than market terms, restrict dividend payments to 50% of net income, and oblige the bank to maintain a total capital ratio of at least 10%, as calculated in accordance with the Basel recommendations. The terms and conditions of the notes also contain a cross default clause and a negative pledge clause, the latter of which allows for a degree of securitisation by ATF. Should any securitisation be undertaken, Fitch comments that the nature and extent of any overcollateralisation would be assessed by the agency for any potential impact on unsecured creditors. ATF Bank is the fourth largest commercial bank in Kazakhstan by assets, with around 6.5% of the banking system's assets at end-2004. It provides a broad range of banking services to corporates and SMEs, and is also growing its retail business, focusing on higher and middle income individuals. It is also active in the foreign exchange and government securities markets in Kazakhstan. [2005-03-10]