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S&P corrects Samruk-Energy
Standard & Poor's issued a revision to its Feb. 19 rating on Samruk-Energy JSC.
The agency corrected and lowered the issue rating on Samruk-Energy’s $500 million senior unsecured notes due 2017 to BB from BB+. The recovery rating on the notes remains unchanged at 4.
Previously, S&P incorrectly lowered the rating to BB from BB-.
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