Kazakhstan Achieves Highest-Ever Moody's Rating: Baa1 with Stable Outlook [Yahoo! Finance]
Moody's Corporation (MCO)
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Source: Yahoo! Finance
long-term local and foreign currency issuer ratings to Baa1 from Baa2 and revised the outlook to stable from positive. According to Moody's report, the upgrade is driven by its assessment that ongoing improvements to Kazakhstan's institutional and policy framework, along with sustained progress in economic diversification away from hydrocarbons, have enhanced and will continue to enhance the country's resilience to external shocks. These developments strengthen Kazakhstan's credit profile, aligning it with peers at the Baa1 level. "Given the continued commitment to economic and institutional reforms, we expect these improvements to be sustained, further enhancing credit resilience," Moody's stated in its release. The rating a
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MCO
Earnings
- 10/22/24 - Beat
MCO
Sec Filings
- 1/16/25 - Form 4
- 1/15/25 - Form 144
- 1/3/25 - Form 4
- MCO's page on the SEC website