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Fitch: KazAgro Eurobond BBB
Fitch Ratings said it assigned Kazakhstan National Managing Holding's (KazAgro) $1 billion Eurobond issue due 2023 a final long-term foreign currency rating of BBB.
The Eurobond represents a senior and unsecured obligation of KazAgro.
KazAgro has long-term foreign currency rating of BBB, a long-term local currency rating of BBB+ and a short-term foreign currency rating of F3.
The outlooks for the long-term ratings are stable.
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