09 апреля 2002 |
|Международное рейтинговое агентство Standard&Poor's присвоило сертификатам участия в кредите, выпускаемым банком J.P. Morgan для финансирования кредита российскому оператору сотовой связи ОАО ВымпелКом |
Кроме того, S&P оставило без изменений долгосрочный рейтинг ВымпелКома и его дочерней компании VimpelCom B.V. на уровне "B". Прогноз рейтингов - стабильный.
Ниже следует оригинальный текст сообщения из Лондона:
LONDON (Standard & Poor's) April 8, 2002--Standard & Poor's said today that it assigned its single-'B' rating to the proposed loan participation notes to be issued by JPMorgan AG, for the sole purpose of funding an intended loan of similar amount to Russian mobile telecommunications company JSC Vimpel-Communications (VimpelCom).
At the same time, Standard & Poor's affirmed its long-term single-'B' ratings on VimpelCom and guaranteed subsidiary VimpelCom B.V., following the announcement of the proposed bond issue. The outlook is stable.
"The proceeds of the notes and loan will primarily be used to assist VimpelCom in its expansion throughout Russia and to improve liquidity," said Standard & Poor's credit analyst Simon Redmond.
The noteholders will have no recourse to J.P. Morgan AG, and it will charge its rights to principal and interest and transfer its administrative rights under the loan agreement to a trustee for the benefit of noteholders.
The ratings on VimpelCom reflect the company's strong competitive position in the key City of Moscow (foreign currency B+/Positive/--) market, together with the operational and financial benefits brought to the company by VimpelCom's strategic investors. The company's credit profile has been further enhanced by the continuing growth of the Russian economy. These strengths have translated into an improved financial profile, with relatively strong margins and adequate credit measures in 2001.
The ratings are constrained by the risks associated with operating in the rapidly growing Russian telecoms sector, the execution of VimpelCom's regional expansion plans, and the increasing level of foreign exchange risk faced by the company.