OREANDA-NEWS. December 09, 2011. Moody's changes outlook on DBK Leasing's Ba3 rating to negative, from stable, reported the press-centre of KASE.

London, 02 December 2011 - Moody's Investors Service has today changed to negative from stable the outlook on the following ratings of DBK Leasing: 

Ba3 long-term local and foreign currency issuer ratings, the provisional (P)Ba3 local currency rating assigned to the issuer's KZT15 billion (USD 2 million) domestic bond programme, and the Ba3 local currency debt rating assigned to the issuer's senior unsecured KZT5 billion (USD 34 million) Medium-Term Note (MTN) issued under this programme. DBK Leasing's short-term local and foreign currency ratings of Not Prime remained unchanged.

Moody's affirmation of DBK Leasing's ratings is based on the issuer's audited inancial statements for 2010 prepared under IFRS, and its H1 2011 unaudited results prepared under local GAAP.