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Article: Moody's assigns a Baa3 issuer rating to Kazpost, stable outlook.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- February 5, 2009
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Moody's assigns a Baa3 issuer rating to Kazpost, stable outlook
MILAN. Feb 5 (Interfax) - Moody's Investors Service has today assigned a Baa3 foreign currency issuer rating and a National Scale Rating of Aa3.kz to Kazpost JSC. The rating outlook is stable, the agency said in a press release.
This is the first time Moody's has assigned a rating to Kazpost.
By virtue of Kazpost's 100% ownership by Samruk-Kazyna, the government-owned agency whose main objective is to track and develop the key strategic assets and investments of the country, Kazpost is considered by Moody's a Government-Related Issuer (GRI). In accordance with Moody's GRI rating ...