Agricultural Credit Corporation says Standard & Poor's downgraded ratings of company and bonds, outlook negative

05.07.17 10:02
/KASE, July 5, 2017/ – Agricultural Credit Corporation (Astana, Corporation), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE the following: quote On June 30, 2017 Standard & Poor's downgraded of the Corporation's ratings to "BB/negative/В, kzA". The rating of the 1st bond issue (AGKK b4, NIN KZP01Y09E709) and the 2nd bond issue (AGKK b5, KZP02M90E700) within the 2nd bond program was downgraded to the same level. unquote Full information is available on KASE website at http://www.kase.kz/files/emitters/AGKK/agkk_rating_300617.pdf [2017-07-05]