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Article: S&P places KMG, subsidiaries on Watch Neg on liquidity, leverage concerns.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- June 17, 2009
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S&P places KMG, subsidiaries on Watch Neg on liquidity, leverage concerns
MOSCOW. June 17 (Interfax) - Standard & Poor's Ratings Services said in a statement it has taken the following specific rating actions:
The 'BBB-' long-term corporate credit and 'kzAA' Kazakhstan national scale ratings on JSC NC KazMunayGas (KMG) were placed on CreditWatch with negative implications.
The 'BB+' long-term corporate credit rating on JSC KazMunaiGas Exploration Production (KMG EP) was placed on CreditWatch with negative implications.
The 'BB+' long-term corporate credit rating on KazTransOil (KTO) was placed on CreditWatch with negative ...