KazMunayGas National Company JSC reported that Moody’s Ratings Agency upgraded the company’s credit rating to Baa1, the outlook is "Stable"

/KASE, 13.09.24/ – KazMunayGas National Company JSC (Astana), whose securities are on the official list of Kazakhstan Stock Exchange (KASE), informed KASE of the following: the beginning of the quote On September 11, 2024, Moody's Ratings international rating agency upgraded KMG's credit rating from Baa2 to Baa1, changing the outlook to "stable", due to an increase in the sovereign credit rating of the Republic of Kazakhstan and an improvement in the company's own creditworthiness. Thus, KMG's credit rating is equivalent to a sovereign credit rating. the end of the quote This information is available at: - https://kase.kz/files/emitters/KMGZ/kmgz_rating_110924_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KMGZ/kmgz_rating_110924_7523.pdf – in Russian; - https://kase.kz/files/emitters/KMGZ/kmgz_rating_110924_en.pdf – in English. [2024-09-13]