Rating agency Standard Poor s did not see the current threats to the ratings or the deterioration of the forecast on ratings of JSC VimpelCom (BB, negative ) in connection with a judicial dispute between Telenor (owns 29.9% stake in the operator) and Farimex, ADR owns 0.002% of the shares to Vympelcom, said S P.
While we can assume that the possible change of ownership will not have an immediate impact on the business profile Vympelcom or indicator of financial leverage, we consider the likely impact of this event on the structure of debt and liquidity of the company, - said S P.
We know that some of the credit agreements entered into by Vympelcom contain the change of control and we believe that in certain circumstances the company will be required to repay some of its obligations in connection with the change of ownership. Such a change of control may lead to litigation between Vympelcom and the holders of its debt obligations , - said the agency.
SP will continue to monitor for further trials and assess their impact on the credit characteristics of Vympelcom.
Omsk According to a court order issued in March, Telenor may lose their share of the Vympelcom if you do not pay a fine of $ 1.7 billion
Currently, a large part of the package - 26,6% of shares - arrested by bailiffs, who are willing to sell it at auction before the hearing of the appeal Telenor, scheduled for September 30.
The aggregate profit of MDM-Bank for the 1 st quarter of 2009 under IFRS fell to 313 million rubles
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SP: The dispute between Telenor and Farimex not influence the ratings Vympelcom
Rating agency Standard Poor s did not see the current threats to the ratings or the deterioration of the forecast on ratings of JSC VimpelCom (BB, negative ) in connection with a judicial dispute between Telenor (owns 29.9% stake in the operator) and Farimex, ADR owns 0.002% of the shares to Vympelcom, said S P.
While we can assume that the possible change of ownership will not have an immediate impact on the business profile Vympelcom or indicator of financial leverage, we consider the likely impact of this event on the structure of debt and liquidity of the company, - said S P.
We know that some of the credit agreements entered into by Vympelcom contain the change of control and we believe that in certain circumstances the company will be required to repay some of its obligations in connection with the change of ownership. Such a change of control may lead to litigation between Vympelcom and the holders of its debt obligations , - said the agency.
SP will continue to monitor for further trials and assess their impact on the credit characteristics of Vympelcom.
Omsk According to a court order issued in March, Telenor may lose their share of the Vympelcom if you do not pay a fine of $ 1.7 billion
Currently, a large part of the package - 26,6% of shares - arrested by bailiffs, who are willing to sell it at auction before the hearing of the appeal Telenor, scheduled for September 30.
The aggregate profit of MDM-Bank for the 1 st quarter of 2009 under IFRS fell to 313 million rubles
FINAM gives three months of VIP-Service
President of Rosinter Restaurants Holding appointed Sergei Beshev
The company Sistema Shyam Teleservices, operating under the MTS brand, has launched a network provider in West Bengal
Europe: correction of the commodity sector is not forced to wait long
Asia: decrease in commodity prices and fears of investors have made their case
Yushchenko: Cabinet to take measures to finance the construction of highways over the Dnieper at Zaporizhia
The Cabinet intends to allocate part of berths ChB Russia Sevastopol morportu since 2017
Government Debt to IMF will be issued promissory notes