JCR Eurasia Sets Arzum’s Long-Term Ratings at Negative
JCR Eurasia assigned negative outlooks to Arzum’s long-term national and international ratings in an interim review disclosed to KAP.
Key takeaways
- Arzum’s long-term national rating is BB-(tr), with a negative outlook.
- Its short-term national rating is J4(tr), with a stable outlook.
Arzum said JCR Eurasia Rating set negative outlooks on the company’s long-term national and international credit ratings following an interim review, according to a KAP disclosure.
The ratings are BB-(tr) for long-term national credit, J4(tr) for short-term national credit with a stable outlook, and B for both long-term international foreign-currency and local-currency credit, each with a negative outlook.
Credit ratings assess a company’s ability to meet its obligations. The disclosure gives no rationale for the ratings or details of any financing change resulting from the review.
This article was produced with the help of AI technology. Source: Yahoo Finance
