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Published on 3/9/2023 in the Prospect News Emerging Markets Daily.

S&P stabilizes views on Kazakh issuers

S&P said it affirmed the ratings and revised the outlook to stable from negative for the following Kazakhstani government-owned issuers: Sovereign Wealth Fund Samruk-Kazyna JSC, KazMunayGas NC JSC, KazTransOil, Kazakhstan Electricity Grid Operating Co. JSC and Kazakhstan Temir Zholy.

The outlook revisions follow a similar action revising the outlook on Kazakhstan to stable from negative last week, the agency said.


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