Fitch raises Tengizchevroil Finance Co rating

Fitch raises Tengizchevroil Finance Co ratingFitch Ratings has upgraded Tengizchevroil Finance Company SARL’s (TCO Finance) series A senior secured notes to ‘BBB’ from ‘BBB-‘. The Outlook is Stable. The upgrade reflects an improvement in the project’s risk profile for the period leading up to the maturity of the notes in November 2014, together with the stable operating performance and strong financial performance of the operating company, Tengizchevroil LLP (TCO).

» Read more

Tsesnabank (Kazakhstan) says Standard & Poor’s affirmed bank’s long-term credit rating at B, increased outlook to Stable

Tsesnabank (Kazakhstan) says Standard & Poor's affirmed bank's long-term credit rating at B, increased outlook to StableOn July 9, 2012, Standard & Poor’s Ratings Services revised its outlook on Kazakhstan-based Tsesna Bank to stable from negative and affirmed its ‘B’ long-term counterparty credit rating on the bank. At the same time, we raised the short-term counterparty credit rating to ‘B’ from ‘C’ and the Kazakhstan national scale rating to ‘kzBB+’ from ‘kzBB’.

» Read more

S&P affirms long-term credit rating of Tsesnabank (Kazakhstan) at В; outlook Stable

S&P affirms long-term credit rating of Tsesnabank (Kazakhstan) at В; outlook StableStandard & Poor’s Ratings Services said today it had revised its outlook on Kazakhstan-based Tsesna Bank to stable from negative and affirmed its ‘B’ long-term counterparty credit rating on the bank. At the same time, we raised the short-term counterparty credit rating to ‘B’ from ‘C’ and the Kazakhstan national scale rating to ‘kzBB+’ from ‘kzBB’.

» Read more

Fitch assigns final senior unsecured “BBB-” to international bonds of Kazakhstan Temir Zholy Finance B.V.

Fitch assigns final senior unsecured "BBB-" to international bonds of Kazakhstan Temir Zholy Finance B.V.Fitch Ratings has assigned Kazakhstan Temir Zholy Finance B.V.’s USD800m 6.95% notes due 10 July 2042 a final foreign currency senior unsecured rating of ‘BBB-‘. The notes are guaranteed by Kazakhstan Temir Zholy (KTZ), the national railway company and its subsidiaries JSC Kaztemirtrans and JSC Locomotiv. Approximately USD220m of the net proceeds will be used to repay a bridge facility and the remainder will be used by Kaztemirtrans to acquire rolling stock.

» Read more
1 173 174 175 176 177 210