Zhaikmunai announced a downgrading of ratings of NOSTRUM OIL & GAS PLC and withdrawal of ratings on bonds USN97716AA72, US98953VAA08 (ZHMNe2) and USN64884AA29, US66978CAA09 (ZHMNe3)

21.02.19, 18:14
/KASE, February 21, 2019/ – Zhaikmunai (Oral), whose bonds are officially listed 
on Kazakhstan Stock Exchange (KASE), has informed KASE about the following:

quote

On 18 February 2019, Moody's Investors Service downgraded the long-term corporate 
family rating of Nostrum Oil & Gas PLC from В2 (with a negative outlook) to В3 
(with a stable outlook).

In relation to Zhaikmunai LLP ... on 20 February 2019, Moody's Investors Service 
informed us that they have withdrawn the rating for bonds USN97716AA72 (REG S) 
and US98953VAA08 (ПРАВИЛО 144А)/USN97716AA72 (REG S) and US98953VAA08 (RULE 144А)
/ and for USN64884AA29 (Rule S) and US66978CAA09 (RULE 144А)/ USN64884AA29 (REG 
S) US66978CAA09 (RULE 144А).

unquote

More details are available on KASE website –
http://kase.kz/files/emitters/ZHMN/zhmn_review_rating_180219_421.pdf

[2019-02-21]