18.05.2015, 01:04
Fitch affirms long-term default ratings of kazAgroFinance
OREANDA-NEWS. May 18, 2015. Fitch Ratings has
affirmed KazAgroFinance's (KAF) Long-term foreign and local currency Issuer
Default Ratings (IDRs) at 'BBB-'.
The Outlooks are Stable.
A full list of rating actions is at the end of this commentary.
KEY RATING DRIVERS KAF's IDRs, National Long-term rating, Support Rating and Support Rating Floor reflect Fitch's view of the high probability of state support which is likely to be channelled to the company through the state-owned KazAgro National management holding JSC (BBB/Stable).
The Outlooks are Stable.
A full list of rating actions is at the end of this commentary.
KEY RATING DRIVERS KAF's IDRs, National Long-term rating, Support Rating and Support Rating Floor reflect Fitch's view of the high probability of state support which is likely to be channelled to the company through the state-owned KazAgro National management holding JSC (BBB/Stable).
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