Fitch присвоило евробондам Казкоммерцбанка ожидаемый рейтинг "ВВ+"
17.03.06 11:59
/REUTERS, перевод Владимира Кузнецова, 16.03.06/ - Международное
рейтинговое агентство Fitch Ratings присвоило в четверг ожидаемый
долгосрочный рейтинг "ВВ+" приоритетным необеспеченным евробондам
казахстанского Казкоммерцбанка.
Ноты на 300 миллионов евро сроком обращения пять лет будут выпущены
в рамках общей программы заимствований на $1,5 миллиарда под 5,125
процента годовых.
Ниже приводится оригинальный текст сообщения Fitch.
FITCH ASSIGNS KAZKOMMERTSBANK'S EUROBOND EXPECTED 'BB+' RATING
Fitch Ratings-London/Moscow-16 March 2006: Fitch Ratings has today assigned
Kazkommerts International B.V.'s EUR300 million five-year 5.125% notes an
expected Long-term 'BB+' rating. The issue will be made under the USD1.5
billion guaranteed debt issuance programme rated Long-term 'BB+' (for foreign
currency notes with maturities in excess of one year) and Short-term 'B' (for
foreign currency notes with maturities of less than one year).
The notes under the programme are unconditionally and irrevocably guaranteed
by Kazakhstan's Kazkommertsbank ("KKB"), rated Foreign Currency Issuer
Default 'BB+' with a Stable Outlook. The final ratings are contingent upon
receipt of final documentation conforming materially to information already
received.
The notes will rank at least pari passu with all present or future unsecured
and unsubordinated obligations of the issuer and the guarantor, save those
preferred by relevant provisions of law and of general application. Under
Kazakhstani law, the claims of retail depositors rank above those of other
senior unsecured creditors. At end-2005, retail deposits accounted for 9% of
KKB's total liabilities, according to the bank's audited International
Financial Reporting Standards ("IFRS") financial statements.
Terms and conditions of the programme can be found in Fitch's statement dated
20 October 2005 on the agency's website at www.fitchratings.com.
KKB (other ratings Foreign Currency Short-term 'B', Local Currency Issuer
Default 'BBB-' (BBB minus)/Stable Outlook, Local Currency Short-term 'F3',
Individual 'C/D', Support '3') 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: Alexei Kechko, James Watson, Moscow, Tel: +7 495 956 9901.
Media Relations: Jon Laycock, London, Tel: +44 20 7417 4327.
[2006-03-17]