/KASE, August 26, 2019/ – National company "KazMunayGaz" (Nur-Sultan), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has
informed KASE about the following:
quote
...about Moody's upgrading KMG's outlook from stable to positive and KMG's
base credit rating from ba3 to ba2.
Positive changes of KMG's particular rating reflect the improvement on the
company's creditworthiness indicators, including the decrease of the leverage
and increase in the interest coverage ratio.
unquote
More details are available on KASE website –
http://kase.kz/files/emitters/KMGZ/kmgz_assignment_rating_220819_5583.pdf
[2019-08-26]