Fitch присвоило рейтинги дефолта компаниям энергетики
16.02.06 16:03
/REUTERS, 16.02.06/ - Международное рейтинговое агентство Fitch
присвоило недавно введенный рейтинг дефолта эмитента, который пришел
на смену основному необеспеченному рейтингу, следующим энергетическим
компаниям (в иностранной валюте/в местной валюте/прогноз):
Газпром - BB+/BB+/стабильный
Татнефть - B/-/стабильный
Роснефть - BB+/BB+/стабильный
КазТрансОйл - BB+/-/стабильный
Нафтогаз Украины BB-/BB-/негативный
ТНК-ВР - BB+/BB+/позитивный.
Все вышеперечисленные рейтинги и их прогнозы не изменились.
Ниже приводится оригинальный текст сообщения Fitch Ratings.
FITCH AFFIRMS KAZAKHSTAN'S ATF BANK
Fitch Assigns Issuer Default and Recovery Ratings to EMEA Energy and Utilities
16 Feb 2006 3:00 AM (EST)
Fitch Ratings-London-16 February 2006: Fitch Ratings has today assigned Issuer
Default ratings ("IDRs") to companies in the EMEA energy and utilities sectors.
Revised senior unsecured ratings now apply to the senior unsecured bond issues
of these entities.
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 "Recovery Ratings: Exposing the Components
of Credit Risk" Criteria Report dated 26 July 2005, "Recovery Ratings -
Approach and Process for Corporate Finance" Criteria Report dated 9 August 2005
and "EMEA Energy and Utilities - Issuer Default Ratings and Recovery Ratings"
Criteria Report dated today, 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 in a given sector,
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
defaulted stress scenario.
Existing Outlooks and Rating Watch status assigned to the previous Senior
Unsecured, counterparty or other issuer ratings remain unchanged and apply to
the IDRs for the issuers as below. Similarly, the Rating Watch status on
previous issue ratings remains unchanged for the issuers listed below.
The Issuer Default ratings are listed below for issuers whose IDR has been set
at the same level as the previously assigned Senior Unsecured rating and where
there are no changes in the issuer's secured, unsecured or subordinated debt
rating. For other issuers please refer to the separate announcement titled
Fitch Revises Ratings for EMEA Energy and Utilities' also published today.
National ratings remain unchanged with the introduction of the IDR and Recovery
rating methodology for international ratings.
UTILITY AND POWER COMPANIES
Enagas SA: 'A+' Outlook Stable
Eskom Holdings Limited
Local Currency IDR 'A' Outlook Stable
Hidroelectrica del Cantabrico- Hidrocantabrico: 'BBB+' Outlook Stable
Namibia Power Corporation (Proprietary) Limited: 'BBB-' (BBB minus) Outlook
Stable
Slovenske Elektrarne a.s.: 'BB+' Rating Watch Positive
Slovensky plynarensky priemysel a.s.: 'A' Outlook Stable
Local Currency IDR 'A' Outlook Stable
Union Fenosa SA: 'BBB+' Outlook Stable
Miejskie Wodociagi i Kanalizacja w Bydgoszczy Spolka z o.o. ("MWiK") 'BBB-'
(BBB minus) Secured debt rating
MWiK's rating is solely for the company's secured revenue bond programme.
OIL AND GAS COMPANIES
Aker Kvaerner Oil & Gas Group AS: 'BB' Outlook Positive
BG Energy Holdings Ltd: 'A' Outlook Stable
BP plc: 'AA+' Outlook Stable
Eni S.p.A.: 'AA-' (AA minus) Outlook Stable
Mazeikiu Nafta AB: 'B+' Outlook Stable
National Iranian Oil Company: 'BB-' (BB minus) Outlook Negative
OAO Gazprom: 'BB+' Outlook Stable
Local Currency IDR 'BB+' Outlook Stable
OAO Tatneft: 'B' Outlook Stable
OJSC OC Rosneft: 'BB+' Outlook Stable
Local Currency IDR 'BB+' Outlook Stable
OTC KazTransOil: 'BB+' Outlook Stable
NJSC Naftogaz of Ukraine: 'BB-' (BB minus) Outlook Negative
Local Currency IDR 'BB-' (BB minus) Outlook Negative
Polski Koncern Naftowy ORLEN SA: 'BBB' Outlook Stable
Repsol YPF SA: 'BBB+' Rating Watch Negative
The Rompetrol Group NV: 'B-' (B minus) Outlook Stable
Royal Dutch Shell
Royal Dutch Shell plc: 'AA+' Outlook Stable
Royal Dutch /Shell Group: 'AA+' Outlook Stable
TNK-BP International Ltd: 'BB+' Outlook Positive
Local Currency IDR 'BB+' Outlook Positive
TOTAL SA: 'AA' Outlook Positive
Turkiye Petrol Rafinerileri AS (TUPRAS): 'BB-' (BB minus) Outlook Positive
Local Currency IDR 'BBB-' (BBB minus) Outlook Stable
The ratings for TNK-BP International Ltd's non-capital markets secured debt and
senior secured debt are both affirmed at 'BBB-' (BBB minus) and withdrawn.
Contact: Andrew Steel, London, Tel: +44 (0)20 7862 4086; Laurence Monnier,
+44 (0)20 7417 3546; Isaac Xenitides +44 (0)20 7417 4300; Steve Durose +44
(0)20 7417 4308; Rebeca Ehrnrooth +44 (0)20 7417 3474; Erwin Van Lumich,
Barcelona, +34 93 323 8403; Francesca Fraulo, Milan, +39 02 879 087 237;
Jeffrey Woodruff, Moscow, +7 495 956 9986; Arkadiusz Wicik, Warsaw, +48 22
338 62 86.
Media Relations: Alex Clelland, London, Tel: +44 20 7862 4084.
[2006-02-16]