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Fitch Affirms Kazakhstan Housing Company at ‘BBB’; Outlook Stable

The affirmation reflects Fitch’s view of ‘Virtually certain’ extraordinary support from Kazakhstan (BBB/Stable) for KHC. This is due to its strategic importance for the country as the key housing development operator and core consolidator of the housing sector. KEY RATING DRIVERS Support Score Assessment ‘Virtually certain’ We consider that extraordinary support from Kazakhstan to KHC …

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