Rating Agency RFCA Reviewed Kazakhstan Mortgage Company Ratings
OREANDA-NEWS. January 13, 2012. Herewith, JSC "MO "Kazakhstan Mortgage Company" (hereinafter - the Company) advises that JSC "Rating Agency of the Regional Financial Center of Almaty" (hereinafter - RA RFCA) reviewed ratings on the following bonds, reported the press-centre of KASE:
1. Second issue of secured bonds (NIN-KZ2C0Y10A857) - BBB2/P2;
2. Third issue of secured bonds (NIN-KZ2C0Y10A980) - BBB2/P2;
3. Fourth issue of secured bonds (NIN-KZ2C0Y10B079) - BBB2/P2;
4. Eighth issue of secured bonds (NIN-KZ2C0Y10B319) - BBB2/P2;
5. First issue under second bond program (NIN-KZPC1Y10B543) - BBB2/P2;
6. Second issue under second bond program (NIN-KZPC2Y12B547) - BBB2/P2;
7. Fourth issue under second bond program (NIN-KZPC4Y10B547) - BBB2/P2;
8. Second issue under third bond program (NIN-KZP02Y09C495) - BBB3/P3;
9. Third issue under third bond program (NIN-KZP03Y05C491) - BBB2/P2;
10. Fourth issue under third bond program (NIN-KZP04Y04C492) - BBB2/P2;
11. Fifth issue under third bond program (NIN-KZP05Y06C494) - BBB2/P2;
12. Ninth issue (NIN-KZ2C0Y08D913) - BBB2/P2.
Also, by decision No. 35 of RA RFCA dated December 27, 2011 the following ratings have been assigned:
- tenth issue (NIN-KZ2C0Y05E206) - BBB3/P3;
- eleventh issue (NIN-KZ2C0Y08E218) - BBB2/P2.
At the same time, under the review, the Rating Committee of RA RFCA downgraded the Company's credit rating from А3 to BBB1 and affirmed the short-term rating at P2.
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