/KASE, July 4, 2017/ – Sovereign Wealth Fund Samuryk-Kazyna (Astana, hereinafter –
the Fund), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE),
has informed KASE of the following:
quote
On June 30, 2017 the rating agency Standard & Poor's downgraded the long-term
and short-term credit ratings of the Fund for the obligations in foreign and local
currencies from "ВВВ-/А-3" to "ВВ+/В". The rating change outlook is negative.
In addition, the agency downgraded the Fund's rating on the national scale from
"kzAA" to "kzAA-", as well as the rating of the first issue of bonds issued
under the Fund's second bond program (ticker SKKZb22, NIN KZP01Y07D853, ISIN
KZ2C00002202) from "ВВВ-" to "ВВ+".
unquote
Details are available on KASE website (in Russian) –
http://www.kase.kz/files/emitters/SKKZ/skkz_rating_300617.pdf
[2017-07-04]