Central-Asian Power-Energy Company says Expert RA Kazakhstan withdrew ratings of company and bonds due to expiration and company's refusal to update

16.05.16 16:48
/KASE, May 16, 2016/ – Central-Asian Power-Energy Company (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has in an official letter informed KASE "of withdrawal by rating agency RAEX (Expert RA Kazakhstan) of the creditworthiness rating and reliability rating of the bonded loan (NIN – KZ2C0Y10D307) due to expiration and CAPEC's refusal to have ratings updated". Said letter and press-release of Expert RA Kazakhstan dated April 27, 2016 provided by the Central-Asian Power-Energy Company are available on KASE website in Russian – http://www.kase.kz/files/emitters/CTEC/ctec_review_rating_270416.pdf [2016-05-16]