Moody's downgrades 5 companies; outlook negative for several Kazakh state companies
AKIPRESS.COM - Moody's Investors Service took a number of rating actions on Kazakh Government-Related Issuers ("GRI") reflecting the downgrade of the Local Currency rating of the Government of Kazakhstan to Baa2 from Baa1 on 12 May 2009 and the change of outlook of the sovereign ratings to negative from stable, Interfax-Kazakhstan reported...