Fitch increased Kaztransoil rating to BBB with stable forecast
Edited by Rhod Mackenzie / 2013-08-30 11:03:43
The international agency Fitch increased Kaztransoil long-term issuer default rating from BBB- to BBB with a stable forecast. The rise in the rating is presupposed by strong operational results and creditability indices that are going to remain in the mid-term future, and by strategic importance of the company for the Kazakh economy. The company’s ratings are limited with the ratings of the parent structure, Kazmunai Gas, BBB with a stable forecast.