Eurasian Bank says agency Standard&Poor's reviewed ratings of bonds KZP05Y06D252 (KZ2C00002467, EUBNb12) and KZP06Y10D252 (KZ2C00002475, EUBNb13)

27.01.15 10:41
/KASE, January 27, 15/ – Eurasian bank JSC (Almaty, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... the Bank received a notice of a review by rating agency "Standard&Poor’s" (hereinafter "Agency") of ratings of subordinated bonds (EUBNb12 and EUBNb13) from "В+/kzBBB" to "В-/kzBB+". This rating review was caused by a mistake made by the Agency during the initial assignment of ratings to subordinated bonds (EUBNb12 and EUBNb13) and is not related to changes of the fundamental credit quality of the Bank or issues of debt liabilities. The Bank's credit ratings, as well as ratings of all other issues of the bank's debt liabilities remain unchanged. unquote The press-release of agency Standard&Poor's of January 19, 2015 in Russian and English is available on KASE website at http://www.kase.kz/files/emitters/EUBN/eubn_reliz_190115.pdf [2015-01-27]