Fitch withdraws KazakhGold Ratings

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Economy 05/12/2009 Fitch withdraws KazakhGold Ratings

Fitch withdraws KazakhGold Ratings

Tashkent, Uzbekistan (UzDaily.com) -- On 4 December, Fitch Ratings has withdrawn Kazakhstan-based KazakhGold Group Limited’s (KazakhGold) Long-term Issuer Default (IDR) and senior unsecured ’CC’ ratings, respectively as well as its Recovery Rating of ’RR4’.

The IDR and senior unsecured ratings were on Rating Watch Positive at withdrawal. The withdrawal is due to a lack of information.

Fitch will no longer provide ratings or analytical coverage on KazakhGold or its senior unsecured notes.

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