PRESS RELEASE: Fitch Places Astana LTFC BBB- Rating On Negative Watch (Nasdaq)
Fitch Ratings-London/Moscow/Barcelona-20 February 2009: Fitch Ratings has today placed the Kazakh City of Astana’s Long-term foreign currency ‘BBB-’ (BBB minus) rating and Short-term ‘F3′ rating on Rating Watch Negative (RWN). This follows the placing of Kazakhstan’s Long-term foreign currency Issuer Default Rating of ‘BBB-’ (BBB minus) and Short-term rating of ‘F3′ on RWN on 19 February 2009.