Moody’s improved the rating outlook of a number of Kazakhstani state companies

An international rating agency Moody’s Investors Service changed the rating outlook for 10 Kazakhstani companies from the level “Stable” to “Positive” and confirmed their rating, the agency stated.

In particular, an improvement of the rating outlook “Baa3” affected seven companies of oil-and-gas sector. They are “KazMunaiGaz” (KMG) and its subsidiaries JSC “Razvedka Dobycha KazMunaiGaz” (RD KMG), KazMunaiGaz Finance Sub B.V., “KazTransOil”, “KazTransGaz”, “Inergaz Central Asia” and Intergas Finance B.V.

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