Ratings

07 March 2019, Fitch Ratings assigned ratings to CAEPCO and its subsidiaries at 'B-'. The Outlooks are Stable.

Fitch Ratings assigned the Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to Central-Asian Electric-Power Corporation (CAEPCo) JSC and its fully owned subsidiaries, PAVLODARENERGO JSC and SEVKAZENERGO JSC at 'B-'. The Outlooks are Stable. CAEPCo's senior unsecured debt is 'CCC/'RR6'/0%.

23 July, 2018 Fitch Ratings has assigned rating to CAEPCO JSC and its subsidiaries. Rating assigned at 'B+'. The Outlook is Stable.

International Rating Agency Fitch Ratings assigned Long-Term Foreign and Local Currency Issuer Default Rating to Central-Asian Electric Power Corporation and its subsidiaries PAVLODARENERGO JSC and SEVKAZENERGO JSC.

2 August, 2017 Fitch Ratings has assigned rating to CAEPCO JSC. Long-Term Foreign Currency Issuer Default Rating assigned at 'B+'. The Outlook is Stable.

FULL LIST OF RATING ACTIONS

  • Long-Term Foreign and Local Currency IDRs assigned at 'B+'; Outlook Stable
  • National Long-Term Rating assigned at 'BBB(kaz)'; Outlook Stable
  • Short-Term Foreign Currency IDR affirmed at 'B'
  • Local currency senior unsecured rating assigned at 'B'; Recovery Rating 'RR5'

National senior unsecured rating assigned at 'BB+(kaz)'.

27 July, 2016 Fitch Ratings has assigned rating to CAEPCO JSC. Long-Term Foreign Currency Issuer Default Rating assigned at 'B+'. The Outlook is Stable.

FULL LIST OF RATING ACTIONS

  • Long-Term Foreign and Local Currency IDRs assigned at 'B+'; Outlook Stable
  • National Long-Term Rating assigned at 'BBB(kaz)'; Outlook Stable
  • Short-Term Foreign Currency IDR affirmed at 'B'
  • Local currency senior unsecured rating assigned at 'B'; Recovery Rating 'RR5'
  • National senior unsecured rating assigned at 'BB+(kaz)'.

01 June, 2015 Fitch Ratings has affirmed CAEPCO JSC Long-term foreign currency Issuer Default Rating (IDR) at 'BB-'. The Outlook is Stable.

FULL LIST OF RATING ACTIONS

  • Long-term foreign currency Issuer Default Rating (IDR) affirmed at 'BB-', Outlook Stable
  • Long-term local currency IDR affirmed at 'BB-', Outlook Stable
  • National Long-term Rating affirmed at 'BBB+(kaz)', Outlook Stable
  • Short Term foreign currency IDR affirmed at 'B'
  • Local currency senior unsecured rating affirmed at 'B+'
  • National senior unsecured rating affirmed at 'BBB-(kaz)'.

24 June, 2014 Fitch Ratings has affirmed CAEPCO JSC Long-term foreign currency Issuer Default Rating (IDR) at 'BB-'. The Outlook is Stable.

FULL LIST OF RATING ACTIONS

  • Long-term foreign currency Issuer Default Rating (IDR) affirmed at 'BB-', Outlook Stable
  • Long-term local currency IDR affirmed at 'BB-', Outlook Stable
  • National Long-term Rating affirmed at 'BBB+(kaz)', Outlook Stable
  • Short Term foreign currency IDR affirmed at 'B'
  • Local currency senior unsecured rating affirmed at 'B+'
  • National senior unsecured rating affirmed at 'BBB-(kaz)'.

06 June, 2013 Fitch Ratings has assigned CAEPCO JSC Long-term foreign and local currency Issuer Default Rating (IDR) at 'BB-'. The Outlook is Stable.

FULL LIST OF RATING ACTIONS

  • Long-term foreign currency Issuer Default Rating (IDR) assigned at 'BB-', Outlook Stable
  • Short Term foreign currency IDR assigned at 'B'
  • Long-term local currency IDR assigned at 'BB-', Outlook Stable
  • National Long-term Rating assigned at 'BBB+(kaz)', Outlook Stable
  • Local currency senior unsecured rating assigned at 'B+'
  • National senior unsecured rating assigned at 'BBB-(kaz)'.