Mangistau Electricity Distribution Network Company reported says Fitch Ratings downgraded long-term national issuer rating to "BB", outlook negative

24.05.16 17:11
/KASE, May 24, 2016/ – Mangistau Electricity Distribution Network Company (Aktau, hereinafter – the Company), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE that "on May 20, 2016, FitchRatings downgraded the long-term national rating from "AA (kaz)" to" "A+(kaz)", outlook negative." The letter of the Company and report by Fitch Ratings dated May 20, 2016, provided by Mangistau Electricity Distribution Network Company are available on KASE website – http://www.kase.kz/files/emitters/MREK/mrek_change_rating_200516.pdf [2016-05-24]