S&P affirms Ratings on NC KazMunaiGas; Outlook Stable
14.11.2011
Standard & Poor’s Ratings Services has said it affirms its long-term corporate credit ratings on 100% state-owned vertically integrated oil company JSC NC KazMunaiGas (KMG) at ‘BBB-’.
The outlook is stable.
The affirmation follows our affirmation of the local currency sovereign ratings on the Republic of Kazakhstan at ‘BBB+’.
Under our methodology,...
