/KASE, September 17, 2024/ – "Damu" Entrepreneurship development fund
JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange
(KASE), has informed KASE about the following:
quote
On September 11, 2024 the international rating agency Moody's upgraded the
Fund's long-term and short-term ratings from Baa3/Prime-3 to Baa2/Prime-2,
respectively. Following the country rating and outlook upgrade, Moody's also
revised the Fund's outlook from Positive to Stable.
The rating on the national scale has been affirmed at "Aa2.kz".
unquote
This information is available on –
https://kase.kz/files/emitters/FRMP/frmp_rating_110924_3095.pdf
[2024-09-17]