Press Release: Moody’s Assigns Baa3 Foreign Currency Issuer Rating to Kazatomprom
09.03.2006This is the first time Moody's Investors Service has assigned a Baa3 foreign currency issuer rating to JSC National Atomic Company Kazatomprom. The rating outlook on the rating is stable.
The stable rating outlook reflects that under the current regulatory regime, the Company is likely to make good progress towards the completion of the investment programme and that market dynamics will remain favourable. The outlook also assumes that the current ownership of Kazatomprom will remain unchanged and that the company will address in due course existing short term debt maturities.