Fitch присвоило ожидаемый рейтинг "ВВ+" евробондам банка ТуранАлем
07.04.06 17:51
/REUTERS, перевод Владимира Кузнецова, 07.04.06/ - Международное
рейтинговое агентство Fitch Ratings присвоило в пятницу запланированному
выпуску евробондов в долларах США второго по величине банка
Казахстана ТуранАлем ожидаемый долгосрочный рейтинг "ВВ+".
Евробонды будут выпущены SPV-компанией TuranAlem Finance B.V. в рамках общей
программы среднесрочных заимствований банка на $3 миллиарда.
Ниже приводится оригинальный текст сообщения Fitch.
FITCH ASSIGNS BANK TURANALEM'S UPCOMING EUROBOND EXPECTED BB+' RATING
Fitch Ratings-London/Moscow-07 April 2006: Fitch Ratings has today assigned
TuranAlem Finance B.V.'s ("TAF") upcoming USD eurobond issue an expected
BB+' Long-term rating. The final rating is contingent upon receipt of final
documentation conforming materially to information already received.
The issue is to be guaranteed by Kazakhstan's Bank TuranAlem ('BTA'), rated
foreign currency Issuer Default 'BB+'/Stable, local currency Issuer Default
BBB-' (BBB minus)/Stable, Short-term foreign currency 'B', Short-term local
currency 'F3', Individual 'C/D' and Support '3'. Proceeds from the issue will
be deposited with BTA.
The issue is to be made within the framework of BTA's and TAF's USD3 billion
global medium-term note programme, rated Long-term 'BB+' for senior
unsecured foreign currency notes with maturities in excess of one year and
Short-term 'B' for senior unsecured foreign currency notes with maturities of
less than one year. Details of the programme can be found in Fitch's
announcement of 7 November 2005, available on the agency's website at
www.fitchresearch.com.
BTA's guarantee of the upcoming issue is to rank at least pari passu with all
present or future unsecured senior obligations of the bank, 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 13% of
BTA's total liabilities, according to the bank's International Financial
Reporting Standards ("IFRS") accounts.
BTA was the second largest commercial bank in Kazakhstan by IFRS assets at
end-2005, and has top three positions in all major market segments. The bank's
common stock is owned primarily by a number of Kazakh investors, but
Raiffeisen Zentralbank, the European Bank for Reconstruction and
Development, the International Finance Corporation and Nederlandse
Financierings - Maatschappij Voor Ontwikkelingslanden own convertible
preferred shares.
Contact: James Watson, Alexei Kechko, Moscow, Tel: +7 495 956 9901.
Media Relations: Jon Laycock, London, Tel: +44 20 7417 4327.
[2006-04-07]