National Company "KazMunayGas" says Moody's Investors Service affirmed the company's ratings; outlook Positive

/KASE, December 19, 2023/ – National Company "KazMunayGas" JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote On 13 December 2023, Moody's Investors Service affirmed the KMG’s Baa2 long-term issuer and senior unsecured ratings as well as senior unsecured rating on the medium-term note programme . At the same time, the outlook was changed from "stable" to "positive" due to improved indicators of the company's own creditworthiness. Thus, KMG's credit rating is equivalent to the sovereign credit rating. unquote This information is available on: - https://kase.kz/files/emitters/KMGZ/kmgz_info_151223_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KMGZ/kmgz_rating_131223_10257.pdf – in Russian; - https://kase.kz/files/emitters/KMGZ/kmgz_info_151223_en.pdf – in English. [2023-12-19]