Mangistau distribution power grid company says Fitch Ratings downgraded company's long-term default rating to ВВ; outlook Negative

13.05.16 17:11
/KASE, May 13, 2016/ – Mangistau distribution power grid company (Aktau), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has in official letter informed KASE that "on May 6, 2016 Fitch Ratings downgraded the long-term IDR in foreign currency from "ВВ+" to "ВВ"; outlook "Negative". Said letter and press-release of Fitch Ratings of May 6, 2016 provided by Mangistau distribution power grid company, are available on KASE website – http://www.kase.kz/files/emitters/MREK/mrek_change_rating_060516.pdf [2016-05-13]