Fitch присвоило рейтинги дефолта эмитента ряду телекомов РФ и Kaзaхcтaнa

/REUTERS, 07.02.06/ - Fitch Ratings присвоило во вторник рейтинги дефолта эмитента и возвратности активов ряду европейских телекоммуникационных компаний, в том числе российских и казахстанских. Рейтинг дефолта отражает способность эмитента своевременно выполнять свои финансовые обязательства. Таким образом, данный рейтинг является ориентиром "вероятности дефолта" без оценки возможных убытков в случае дефолта. Пересмотренные присвоенные ранее приоритетные необеспеченные рейтинги теперь относятся к необеспеченным долговым обязательствам этих компаний. Ниже следуют присвоенные во вторник рейтинги дефолта эмитента российских и казахстанских компаний. Центртелеком: "В-", прогноз - негативный; Казахтелеком: "ВВ", прогноз - стабильный; Дальсвязь: "В", прогноз - стабильный; Мегафон: "В", прогноз - стабильный; Северо-Западный Телеком: "В+", прогноз - стабильный; Сибирьтелеком: "В+", прогноз - стабильный; Уралсвязьинформ: "В+", прогноз - стабильный; АФК Система: "В+", прогноз - стабильный. Ниже приводится оригинальный текст сообщения агентства Fitch на английском языке. FITCH ASSIGNS ISSUER DEFAULT AND RECOVERY RATINGS TO EUROPEAN TMT Fitch Ratings-London/Moscow/Istanbul-07 February 2006: Fitch Ratings has today assigned Issuer Default ratings ("IDRs") to companies in the European Telecommunications, Media and Technology ("TMT") sectors. Revised Senior Unsecured ratings now apply to the senior unsecured bond issues of these entities. For a list of Recovery ratings assigned to individual issues, please refer to the summary update of issuance ratings available on the agency's public website, www.fitchratings.com/nameoffile.pdf, and the website entry for each issuer. IDRs reflect the ability of an issuer to meet senior financial commitments on a timely basis, effectively becoming the benchmark probability of default. Securities in an issuer's capital structure will be rated higher, lower, or the same as the IDR on the basis of their relative recovery prospects. (For further details, please see Fitch's reports 'The Role of Recovery Analysis in Ratings,' dated 14 February 2005 and 'European TMT Sector - Recovery Ratings and IDR Guidelines' dated 6 February 2006, available on www.fitchratings.com.) The process of establishing ratings for the obligations of issuers rated between AAA' and 'BB-' (BB minus) will refer, for the most part, to aggregate recoveries on the defaulted bond market as a whole for that sector and not to issuer-specific analysis since assumptions on enterprise value and creditor mass at default for these entities would be largely arbitrary. For this reason, recovery assessments and thus individual issue ratings will be based more on the long-term averages of recovery for that type of security, after giving consideration to additional issues such as collateral value, relative subordination and other determinants of recovery. For issuers rated 'B+' and below, recovery ratings derive from a customised analysis of the individual issuer and their capital structure, assuming emergence from a default-inducing stress scenario. Existing Outlooks and Rating Watch status assigned to the former Senior Unsecured, counterparty or other issuer ratings remain unchanged and apply to the IDRs for the issuers as listed below. The Issuer Default ratings are listed below. Issuers highlighted with an (1) denote cases where the IDR for this issuer differs from the previously assigned Senior Unsecured rating. (2) denotes cases where this issuer's secured, unsecured or subordinated debt rating has changed from the previously assigned debt rating. Please refer to the separate press release titled 'Fitch Revises Rating for European TMT' also published today. TELECOM ISSUERS Alcatel S.A: 'BBB-'(BBB minus) Outlook Stable ASML Holding N.V: 'BB-'(BB minus) Outlook Positive BT Group Plc: 'A-'(A minus) Outlook Negative Cableuropa S.A: 'B' Outlook Positive Centertelecom: 'B-'(B minus) Outlook Negative Deutsche Telekom AG: 'A-'(A minus) Outlook Stable Ericsson Telefonaktiebolaget L.M: 'BBB' Outlook Positive France Telecom SA: 'A-'(A minus) Outlook Stable Hellenic Telcommunications Org. S.A: 'BBB' Outlook Stable JMTS LTFC: 'BB' Outlook Stable LTLC: 'BBB-'(BBB minus) Outlook Stable Kabel Deutschland GmbH: 'BB-'(BB minus) Outlook Stable Kazakhtelekom: 'BB' Outlook Stable NTL Inc: 'BB-'(BB minus) RWN Nokia Corporations: 'A+' Outlook Negative O2: 'BBB+' Outlook Stable OAO Dalsvyaz: 'B' Outlook Stable OAO Megafon: 'BB' Outlook Stable OAO Northwest Telecom: 'B+' Outlook Stable OAO Sibirtelecom: 'B+' Outlook Stable OAO Uralsvyazinform: 'B+' Outlook Negative Portugal Telecom SA: 'A-'(A minus) Outlook Stable Royal KPN N.V: 'BBB+' Outlook Stable SFR: 'A-'(A minus) Outlook Stable Sistema Joint Stock Financial Corp: 'B+' Outlook Stable Tele Denmark Corporation: 'BBB+' Rating Watch Negative Telia Sonera: 'A-'(A minus) Outlook Stable Telecom Italia SpA: 'A-'(A minus) Outlook Negative Telenet Bid Co NV: 'B+' Outlook Stable Telefonica SA: 'A-'(A minus) Outlook Stable Telekomunikacja Polska S.A: 'BBB+' Outlook Stable Tiscali S.p.A 'CCC' Outlook Stable (1) TIM Hellas Telecommunications S.A. 'B' Outlook Stable Turkcell Iletsimtlizmetlen AS LTFC: 'BB-'(BB minus) Outlook Positive LTLC: 'BB' Outlook Positive Vodafone Group Plc: 'A' Outlook Stable Wind Telecommunications SpA: 'B+' Outlook Stable (2) MEDIA ISSUERS Bertelsmann AG: 'BBB+' Outlook Stable BskyB plc: 'BBB' Outlook Stable DMGT plc: 'BBB' Outlook Stable Dogan Yayin Holding A.S LTFC: 'B+' Outlook Stable LTLC: 'B+' Outlook Stable EMAP plc: 'BBB+' Outlook Negative Hurriyet Gazetecilik Ve matbaacilik A.S LTFC: 'BB-'(BB minus) Outlook Positive LTLC: 'BB' Outlook Positive ITV plc: 'BBB' Outlook Stable Pearson plc: 'BBB+' Outlook Stable Prosiebensat.1 Media AG: 'BBB-'(BBB minus) Outlook Positive Reed Elsevier plc: 'A-'(A minus) Outlook Positive Reuters Group plc: 'A' Outlook Stable Wolters Kluwer N.V: 'BBB' Outlook Stable WPP Group plc: 'BBB' Outlook Positive Vivendi Universal SA: 'BBB' Outlook Positive [2006-02-07]