/KASE, April 8, 2020/ – National Atomic Company Kazatomprom (Nur-Sultan), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with a press release, which states as follows:
quote
National Atomic Company Kazatomprom informs that Fitch Ratings affirmed
Kazatomprom's Long-Term Issuer Default Rating (IDR) at 'BBB-' with Stable Outlook.
Fitch issued statement that announced rating affirmation and Stable outlook as
well as relevant analysis on March 26, 2020. More detailed information is
available at
https://www.fitchratings.com/site/pr/10115306#
Fitch rates Kazatomprom on a standalone credit profile as it views legal,
operational and strategic links with its ultimate shareholder, the Republic of
Kazakhstan (BBB/Stable) as limited.
The affirmation reflects Kazatomprom’s strong global market position in natural
uranium production and sales, stable operating profile and low-cost production
compared to similar companies on the global scale.
quote
Detailed information is available on the KASE website (in Russian) at –
https://kase.kz/files/emitters/KZAP/kzap_reliz_080420_1.pdf
[2020-04-08]