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‍Moody's Ratings Upgrades Azerbaijan's Rating To Baa3, Maintains Positive Outlook​

ReutersJul 4, 2025 10:55 AM

- MOODY'S:

  • MOODY'S ON AZERBAIJAN: UPGRADED FOREIGN CURRENCY BACKED SENIOR UNSECURED RATING OF SOUTHERN GAS CORRIDOR CJSC (SGC) TO BAA3 FROM BA1

  • MOODY'S ON AZERBAIJAN: OUTLOOK REFLECTS VIEW ONGOING REFORMS COULD FURTHER REDUCE ECONOMIC & FISCAL DEPENDENCE ON HYDROCARBON SECTOR

  • MOODY'S ON AZERBAIJAN: UPGRADE REFLECTS IMPROVEMENTS IN INSTITUTIONAL EFFECTIVENESS, WHICH WE EXPECT TO CONTINUE

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