KERNEL HOLDING S.A. - FITCH AFFIRMED KERNEL RATING AT 'CCC' ON SOVEREIGN ACTION (22/2014)
KERNEL HOLDING S.A. - FITCH AFFIRMED KERNEL RATING AT 'CCC' ON SOVEREIGN ACTION (22/2014)
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| | POLISH FINANCIAL SUPERVISION AUTHORITY | | | | | | | | | | |
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| | | | | UNI - EN REPORT No | 22 | / | 2014 | | | | |
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| | Date of issue: | 2014-08-29 | | | | | | | | | |
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| | Short name of the issuer | | | | | | | | | | |
| | KERNEL HOLDING S.A. | | | | | | | | | | |
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| | Subject | | | | | | | | | | |
| | FITCH AFFIRMED KERNEL RATING AT 'CCC' ON SOVEREIGN ACTION | | | | | | | | | | |
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| | Official market - legal basis | | | | | | | | | | |
| | Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne | | | | | | | | | | |
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| | Unofficial market - legal basis | | | | | | | | | | |
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| | Contents of the report: | | | | | | | | | | |
| | In a press release issued yesterday, Fitch Ratings reviewed ratings of seven Ukrainian corporates, including Kernel Holding S.A., following the agency?s recent review of Ukraine?s sovereign rating. While the Long-term foreign currency IDRs of the corporates, including Kernel Holding S.A., have been affirmed at 'CCC', the agency downgraded the companies? Long-term local currency ratings to 'CCC' from 'B-'. Both ratings are in line with the Ukraine?s sovereign ratings (see Fitch's criteria 'Rating Non-Financial Corporates above the Country Ceiling'). For a full text of the press release related to the rating update, please refer to the following link: Fitch Downgrades 7 Ukrainian Corporates on Sovereign Action (https://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=859694). The definition of capitalized terms and applicable research criteria can be accessed at Fitch?s Corporate Rating Methodology (http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=715139). | | | | | | |
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| | Annexes | | | | | | | | | | |
| | File | Description | | | | | | | | | |
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REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
| KERNEL HOLDING S.A. | |||||||||||||
| (fullname of the issuer) | |||||||||||||
| KERNEL HOLDING S.A. | Spożywczy (spo) | ||||||||||||
| (short name of the issuer) | (sector according to clasification of the WSE in Warsow) | ||||||||||||
| L-1331 | Luksemburg | ||||||||||||
| (post code) | (city) | ||||||||||||
| rue de Bitbourg | 19 | ||||||||||||
| (street) | (number) | ||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2014-08-29 | A.Usachova, Y.Kovalchuk | Directors | |||
REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY