NMH "Baiterek" says Fitch Ratings affirmed the holding's long-term rating at "ВВВ"; outlook "Stable"

28.10.24 10:46
/KASE, October 28, 2024/ – NMH "Baiterek" JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote On October 22, 2024, Fitch Ratings has affirmed JSC National Management Holding Baiterek's Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'BBB' with Stable Outlooks. The confirmation of the rating reflects the financial stability of the «Baiterek» Holding, as well as its status as a national managing company acting as a state development institution and playing an important role in the implementation of the state's economic policy. unquote The full version of the press release in Kazakh, Russian and English is available – https://kase.kz/files/emitters/BTRK/btrk_relizs_241024_1.pdf [2024-10-28]