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25.06.2020 17:10 #Corporate events

Kcell announces that Fitch Ratings upgraded company’s ratings to BB+, outlook Stable

/KASE, June 25, 2020/ – Kcell (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows:

quote

Kcell Joint Stock Company («Kcell» or the «Company») (LSE, KASE: KCEL), the leading provider of mobile telecommunications services in Kazakhstan, announces that Fitch Ratings upgraded Kcell’s Long-Term Issuer Default Rating ("IDR") from BB to BB+, outlook Stable.

Fitch Ratings also raised long-term rating of a parent company, Kazakhtelecom, from BB+ to BBB-, outlook Stable.

unquote

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[2020-06-25]