Kernel Holding SA (KER) komunikat - FITCH AFFIRMS KERNEL RATING AT ‘B’, REVISES OUTLOOK TO NEGATIVE ON SOVEREIGN ACTION

POLISH FINANCIAL SUPERVISION AUTHORITY
		UNI - EN REPORT No		20	/	2013
Date of issue:	2013-07-04
Short name of the issuer
KERNEL HOLDING S.A.
Subject
FITCH AFFIRMS KERNEL RATING AT ‘B’, REVISES OUTLOOK TO NEGATIVE 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 July 3, 2013, Fitch Ratings affirmed Kernel Holding S.A. long-term foreign and local currencies IDR at ‘B’ and ‘B+’ respectively. The Outlooks for both ratings were revised to Negative from Stable following the agency`s revision of Ukraine`s sovereign rating Outlook to Negative from Stable on June 28, 2013. The long-term foreign currency rating of Kernel Holding S.A. remains constrained by Ukraine's country ceiling of 'B'. National long-term rating was affirmed at 'AA+(ukr)'; Outlook Stable.
Annexes
File			Description

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

(street)

(number)

(phone number)

(fax)

(e-mail)

(web site)

(NIP)

(REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date	Name	Position / Function	Signature
2013-07-04	A.Usachova, Y.Kovalchuk	Directors

Konta:	Konta osobiste Konta młodzieżowe Konta firmowe Konta walutowe
Kredyty:	Kredyty gotówkowe Kredyty mieszkaniowe Kredyty z dopłatą Kredyty dla firm

Kernel Holding SA
FITCH AFFIRMS KERNEL RATING AT ‘B’, REVISES OUTLOOK TO NEGATIVE ON SOVEREIGN ACTION