Moody's Ratings Upgrades Azerbaijan's Rating To Baa3, Maintains Positive Outlook
July 4 (Reuters) - 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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