February 03, 2017 | Cbonds
S&P Global Ratings said today that it has lowered its long-term counterparty credit rating on Kazakhstan-based Delta Bank JSC and its ratings on the bank's senior unsecured debt issues to 'CC' from 'CCC-'. We reinstated our 'CCC-' rating on the KZT10 billion 9.5% bond due Jan. 18, 2017, which was inadvertently withdrawn on the maturity date, before lowering it to 'CC'.
The 'C' short-term counterparty credit rating on Delta Bank was affirmed.
Company: Delta bank
|Full company name||Public Company Delta Bank|
|Country of risk||Ukraine|