| POLISH FINANCIAL SUPERVISION AUTHORITY | |
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| | | UNI - EN REPORT No | 3 | / | 2014 |
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| 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
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| 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 | |
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