|full company name||AO "KazAgroFinance"|
|type of legal entity||Joint-stock company|
|country of risk||Kazakhstan|
|country of registration||Kazakhstan|
|address||40, Kenesary Street (Business Centre “7Continent”), 21 floor|
|phone||8 (7172) 58-04-37, 58-04-38|
|fax||8 (7172) 58-04-37, 58-04-38|
Mission of “KazAgroFinance” JSC is technological renewal of agro-industrial complex by providing agricultural producers with available financial resources, agricultural and special machinery, processing and manufacturing equipment, as well as with biological assets on a leasing basis.
Prospect for the Company by 2020 –it is the key financial and investment institution in the agricultural sector of Kazakhstan, ensuring the effective management of its own assets for the purpose of supporting of the agricultural sector of the republic by rendering the affordable financial services and carrying out the leasing business for its technical and technological renewal based on the high standards of business and reliability.
The Company is financing the implementation of the new advanced technology productions with the complete production cycle for supplying with the equipment from the key world manufacturers.
Activities. To implement statutory objectives the Company carries out the following activities:
1) leasing activity in the agricultural industry;
2) crediting and other activities that meet the goals and objectives of the Company and not prohibited by the legislative instruments;
3) participation in implementing the Republican Budget and other programs aimed at the development of agro-industrial complex.
In all regions of Kazakhstan the company is represented by 14 branches. The Company has no subsidiaries.
Presence of Ratings.On May 11, 2016 the international rating agency Fitch Ratings has downgraded the Long-term foreign and local currency Issuer Default Ratings (IDRs) of KazAgroFinance (KAF) to ‘BB+’/the outlook is stable.
Number of shares:
Nominal value of one share: KZT 1 000.
100% of shares belong to KazAgro National Management Holding JSC.
|05/03/2017||Fitch Ratings revised outlook on KazAgroFinance to negative and affirmed at "BB+" (LT Int. Scale (foreign curr.)) credit rating|
|05/03/2017||Fitch Ratings revised outlook on KazAgroFinance to negative and affirmed at "BB+" (LT Int. Scale (local curr.)) credit rating|
|04/12/2017||KazAgroFinance JSC Won Prestigious Award from International Reputable Issue ‘EMEA Finance’ for the First Time|
|12/02/2016||Fitch Assigns KazAgroFinance's Local Bond 'BB+' Final Rating|
|11/21/2016||KazAgroFinance 5-year bond placement reopened Kazakhstan debt capital market for private investors|
|11/15/2016||KazAgroFinance becomes the first issuer over two years to place five-year maturity domestic bonds totalling KZT 8 billion for a wide range of investors|
|04/28/2010||Bonds KZP02Y05C287 (KAFIb2) of KazAgroFinance (Kazakhstan) are removed from KASE official list at their issuer initiative from April 28, 2010|
|12/30/2009||Fitch Downgrades KazAgroFinance to ‘BB’; Affirms DBK at ‘BBB-’|
|02/25/2009||Fitch Rates Kazagrofinance's Two Tenge Bonds 'BBB-', Rating Watch Negative|
|06/09/2008||Kazagrofinance mulls Eurobond issue worth up to $200m|
|Rating Agency||Rating||Rating scale||Date|
|Moody's Investors Service||***||LT- foreign currency||***|
|Moody's Investors Service||***||LT- local currency||***|
|Fitch Ratings||***||LT Int. Scale (foreign curr.)||***|
|Fitch Ratings||***||LT Int. Scale (local curr.)||***|
|Fitch Ratings||***||National Scale (Kazakhstan)||***|
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|Сurrency||Outstanding bond issues||Cumulative volume|
|KZT||4||53 000 000 000|
|KazAgroFinance, 15% 14nov2021, KZT (06)||8,000 KZT||outstanding|
|KazAgroFinance, 8.5% 12jun2024, KZT (04)||10,000 KZT||outstanding|
|KazAgroFinance, 8.5% 12jun2022, KZT (05)||18,000 KZT||outstanding|
|KazAgroFinance, 8.0% 16jan2023, KZT (03)||17,000 KZT||outstanding|
|KazAgroFinance, FRN, KZT (07)||12,000 KZT||expected|
|KazAgroFinance, 8.50% 28dec2011, KZT (2011-1)||3,000 KZT||redeemed|
|KazAgroFinance, 13.0% 10mar2014, KZT (2014-2)||10,000 KZT||cancelled|