KERNEL HOLDING S.A. - FITCH DOWNGRADES KERNEL RATING TO ?CCC? ON SOVEREIGN ACTION (3/2014)

13.02.2014 17:59

POLISH FINANCIAL SUPERVISION AUTHORITY
		UNI - EN REPORT No	3	/	2014
Date of issue:	2014-02-13
Short name of the issuer
KERNEL HOLDING S.A.
Subject
FITCH DOWNGRADES KERNEL RATING TO ?CCC? ON SOVEREIGN ACTION
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
In a press release dated February 12, 2014, Fitch Ratings downgraded the ratings of twelve Ukrainian corporates, including Kernel Holding S.A., following the agency?s recent downgrade of Ukraine?s sovereign rating. In line with Fitch's criteria 'Rating Non-Financial Corporates above the Country Ceiling', the Long-Term foreign currency IDRs of the corporates, including Kernel Holding S.A., have been downgraded to 'CCC' in line with the Ukrainian Country Ceiling. For a full text of the press release related to the rating update, please refer to the following link: Fitch Downgrades Ukrainian Corporates on Sovereign Action (https://www.fitchratings.com/creditdesk/press_releases/detail.cfm?pr_id=820353).
Annexes
File	Description

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
	2014-02-13	A.Usachova, Y.Kovalchuk	Directors

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY