Fitch Downgrades Samruk-Kazyna Invest LLP to ‘BB’; Outlook Stable due to the update of Government-Related Entities (GRE) Rating Criteria
The downgrade follows the publication of Fitch’s updated Government-Related Entities (GRE) Rating Criteria on 12 January 2024 and is driven by the revision of our rating approach for SKI under the new notching matrix in the updated criteria. Fitch Ratings has downgraded Samruk-Kazyna Invest LLP’s (SKI) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to […]