Rtgs on JSC Kazakhstan Electricity Grid Operating Co. Raised to 'BB'; Rtgs on KTZ on Watch Pos - S&P Global Ratings’ Credit Research

Rtgs on JSC Kazakhstan Electricity Grid Operating Co. Raised to 'BB'; Rtgs on KTZ on Watch Pos

Rtgs on JSC Kazakhstan Electricity Grid Operating Co. Raised to 'BB'; Rtgs on KTZ on Watch Pos - S&P Global Ratings’ Credit Research
Rtgs on JSC Kazakhstan Electricity Grid Operating Co. Raised to 'BB'; Rtgs on KTZ on Watch Pos
Published May 21, 2001
658 words — Published May 21, 2001
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Abstract:

LONDON (Standard&Poor's CreditWire) May 21, 2001--Standard&Poor's today raised its long-term local and foreign currency issuer credit ratings on JSC Kazakhstan Electricity Grid Operating Co. (KEGOC) to double-'B' from double-'B'-minus, and removed the local currency ratings from CreditWatch where they were placed on Sept. 18, 2000. The outlook on both ratings is stable. At the same time, the double-'B'-minus long-term local and foreign currency issuer credit ratings on Kazakhstan Temir Zholy (KTZ), the state-owned railway company, were placed on CreditWatch with positive implications. These rating actions follow the upgrade of the Republic of Kazakhstan's local currency issuer credit ratings to double-'B'-plus and its foreign currency issuer credit ratings to double-'B' on May 18, 2001. Ratings also reflect

  
Brief Excerpt:

RESEARCH Rtgs on JSC Kazakhstan Electricity Grid Operating Co. Raised to '##'; Rtgs on KTZ on Watch Pos Publication date: 21-May-2001 LONDON (Standard & Poor's CreditWire) May 21, 2001--Standard & Poor's today raised its long-term local...

  
Report Type:

Ratings Action

Issuer
Kazakhstan Electricity Grid Operating Co. (JSC)
GICS
Independent Power Producers & Energy Traders (55105010)
Sector
Global Issuers
Country
Kazakhstan
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Rtgs on JSC Kazakhstan Electricity Grid Operating Co. Raised to 'BB'; Rtgs on KTZ on Watch Pos" May 21, 2001. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rtgs-on-JSC-Kazakhstan-Electricity-Grid-Operating-Co-Raised-to-BB-Rtgs-on-KTZ-on-Watch-Pos-194827>
  
APA:
S&P Global Ratings’ Credit Research. (). Rtgs on JSC Kazakhstan Electricity Grid Operating Co. Raised to 'BB'; Rtgs on KTZ on Watch Pos May 21, 2001. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rtgs-on-JSC-Kazakhstan-Electricity-Grid-Operating-Co-Raised-to-BB-Rtgs-on-KTZ-on-Watch-Pos-194827>
  
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