Development Bank of Kazakhstan says Standard & Poor's affirmed ratings of bank and Eurobonds
/KASE, June 30, 2020/ – Development Bank of Kazakhstan (Nur-Sultan, hereinafter –
the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE),
has informed KASE about the following:
... rating agency S&P Global Ratings (hereinafter – the Agency) has affirmed the
Bank's credit rating on the international issuer scale at "ВВ+/В" and on the
national issuer scale at "kzAA+".
Simultaneously, the rating of the senior unsecured debt of the Bank (ISIN:
XS0220743776, XS0248160102, XS0860582435, XS1734574137, XS1814831563) was
affirmed by the Agency at "ВВ+".