Fitch присвоило финальные рейтинги займа Казкоммерца на $1,5 млрд
24.11.05 16:19
/REUTERS, 24.11.05/ - Международное рейтинговое агентство Fitch
присвоило финальные рейтинги - долгосрочный BB и краткосрочный B -
программе займов Казкоммерцбанка на $1,5 миллиарда, говорится в
сообщении агентства.
Казкоммерцбанк - крупнейший банк Казахстана.
Ниже приводится оригинальный текст сообщения агентства Fitch на
английском языке.
FITCH ASSIGNS FINAL RATINGS TO KAZKOMMERTSBANK'S EUROBOND AND TIER I ISSUES
Fitch Ratings-London/Moscow-24 November 2005: Fitch Ratings has today
assigned Kazkommerts International B.V.'s new USD1.5 billion guaranteed debt
issuance programme Final ratings of Long-term 'BB' (for notes with maturities
in excess of one year) and Short-term 'B' (for notes with maturities of less
than one year). It has also assigned a Final Long-term 'BB' rating to the debut
USD500 million 8% debut issue under the programme due 2015. The notes under the
programme are unconditionally and irrevocably guaranteed by Kazakhstan's
Kazkommertsbank ("KKB"), rated Long-term 'BB'/Stable, Short-term 'B',
Individual 'C/D', Support 3.
Also today, Fitch has assigned Kazkommerts Finance 2 B.V.'s USD100 million
issue of limited recourse perpetual loan participation notes a Final Long-term
B+' rating. The notes have been issued solely for financing a subordinated loan
to KKB, which is intended to qualify as Tier 1 capital under Kazakhstani
regulations.
More details on the structures of both of these issues can be found in two
separate announcements, both dated 20 October 2005 and available on
www.fitchresearch.com.
KKB was the largest commercial bank in Kazakhstan by IFRS assets at end-
H105 and has top three positions in all major market segments. One individual
controls a majority stake in the bank. The European Bank for Reconstruction and
Development is a minority shareholder and actively involved in board-level
decision-making.
Contact: James Watson, Alexei Kechko, Moscow, Tel: +7 095 956 9901.
Media Relations: Jon Laycock, London, Tel: +44 20 7417 4327.
Fitch's rating definitions and the terms of use of such ratings are available
on the agency's public site, www.fitchratings.com. Published ratings, criteria
and methodologies are available from this site, at all times. Fitch's code of
conduct, confidentiality, conflicts of interest, affiliate firewall, compliance
and other relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.
[2005-11-24]