KEGOC says Moody's Investors Service affirmed long-term issuer rating on Baa3; outlook Stable

06.08.19 10:13
/KASE, August 6, 2019/ – KEGOC (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote On July 31, 2019 agency Moody's Investors Service ("Moody's") released its annual update on the credit analysis of Kazakhstan Electricity Grid Operating Company JSC. Based on which the long-term issuer rating of Kazakhstan Electricity Grid Operating Company (KEGOC) is at the same level as the rating of Kazakhstan's government (Baa3 stable) controlling the company via the Sovereign wealth fund "Samruk-Kazyna". unquote Details are available on KASE website – http://kase.kz/files/emitters/KEGC/kegc_confirmation_rating_310719_5235.pdf [2019-08-06]