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12:26
14.09.2017
Agrarian Credit Corporation says Standard & Poor's affirmed company ratings and revised outlook from Negative to Stable
News source: KASE
/KASE, September 14, 2017/ – Agrarian Credit Corporation (Astana, hereinafter – 
the Corporation), whose bonds are officially listed on Kazakhstan Stock Exchange
(KASE), has informed KASE of the following:

quote

On September 12, 2017 international rating agency S&P Global Ratings revised the
outlook on the Corporation's ratings from "Negative" to "Stable" and affirmed
the  long-term and short-term credit ratings at "BB/В" and the rating on
national scale  "kzA", due to the fact that on September 8, 2017 S&P Global
Ratings revised the  outlook on ratings of the Republic of Kazakhstan, the end
owner of the Corporation,  from "Negative" to "Stable" and affirmed sovereign
credit ratings at "ВВВ-/А-3" .

At the same time, we point out that on the 1st issue of bonds (AGKK b4, NIN 
KZP01Y09E709) and 2nd issue of bonds (AGKK b5, KZP02M90E700) under the 2nd 
bond program of the Corporation the outlook on ratings was revised similarly.

Details are available on KASE website – 
http://www.kase.kz/files/emitters/AGKK/agkk_change_rating_120917.pdf

[2017-09-14]


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