Fitch присвоило будущим MTN Банка развития Казахстана рейтинг "ВВВ-"

/REUTERS, Лондон, Москва, 24.05.05/ - Международное рейтинговое агентство Fitch Ratings присвоило во вторник запланированной эмиссии приоритетных необеспеченных нот Банка развития Казахстана на $100 миллионов с ожидаемым сроком обращения 15 лет долгосрочный рейтинг "ВВВ-", говорится в сообщении агентства. Это соответствует собственному долгосрочному рейтингу банка по обязательствам в иностранной валюте. В сообщении Fitch говорится, что доходы от размещения бумаг будут использованы для финансирования быстрорастущего кредитного портфеля банка. Это третья эмиссия в рамках программы выпуска банком среднесрочных нот (MTN) на $400 миллионов. В октябре 2002 и ноябре 2003 года Банк развития Казахстана разместил два транша облигаций на $100 миллионов каждый. Ниже приводится оригинальный текст сообщения агентства Fitch Ratings на английском языке. FITCH RATES DEVELOPMENT BANK OF KAZAKHSTAN'S SENIOR UNSECURED NOTES "BBB-" Fitch Ratings-London/Moscow-24 May 2005: Fitch Ratings, the international rating agency, has today assigned the Development Bank of Kazakhstan's ("DBK") proposed USD100 million senior unsecured notes with an expected maturity of up to 15 years a "BBB-" (BBB minus) Long-term rating. Proceeds will be used to finance the fast growing loan portfolio of DBK. DBK is rated Long-term foreign currency "BBB-" (BBB minus), Short-term "F3", Support "2" with Stable Outlook. This is the third issuance under the bank's USD400m euro medium term note programme (EMTN programme, rated Long-term "BBB-" (BBB minus) and Short- term "F3"), following the two issuances of USD100m each in October 2002 and in November 2003. The notes will rank at least pari passu in right of payment with all of DBK's other senior unsecured obligations, except for those preferred by local legislation. All payments under the notes will be free of Kazakh withholding taxes, unless required by law, and in the latter case will be fully covered by DBK. The notes will be subject to a cross default clause with an aggregate amount of overdue indebtedness of USD10m constituting an event of default. The notes will also be subject to a negative pledge clause, which allows for a degree of securitisation by DBK. Were such transactions to be undertaken, Fitch comments that the nature and extent of any over-collateralisation would be assessed by the agency for any potential impact on unsecured creditors. The EMTN programme also requires DBK to keep tangible net worth at a level of not less than KZT28 billion (equivalent to USD215m at current exchange rates), and prevents the bank from paying any dividends. DBK was established in 2001 as a 100% state-owned company with the objective to foster Kazakhstan's economic development by providing medium- to long-term financing for infrastructure and production sector projects, and by issuing pre- export loans and guarantees. At present, approximately 87% of the bank's shares are held by the government of Kazakhstan, with 13% equally spread between the local government bodies of 14 regions and the cities of Almaty and Astana. At end-2004, DBK's total assets, net loans and shareholders' equity were KZT100bn, KZT29bn and KZT55 bn, respectively. [2005-05-24]