/KASE, May 4, 15/ – KazTransGas Aimak (Astana), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), today by an official letter informed
KASE of the following:
quote
International rating agency Fitch Ratings has affirmed long-term Issuer Default
Ratings ("IDR") of KazTransGas JSC (KTG) and a 100% owned subsidiaries –
Intergas Central Asia JSC (ICA) and KazTransGas Aimak JSC (KTG Aimak) – at
"BBB-".
The affirmation of ratings of KTG and its subsidiaries reflects the agency's
opinion that leverage and debt coverage ratios of the group will return to the
acceptable levels in 2017-2018 after a temporary downfall in view of reduction
of gas transit from Central Asia to Russia announced by Gazprom OJSC ("ВВВ-
"/outlook negative) and KZT devaluation in February 2014.
The ratings outlook is stable, according to a press release by the agency,
according to the Appendix to this letter.
unquote
The said letter and press-release by Fitch Ratings in English of April 21, 2014
provided by KazTransGas Aimak are available on KASE website at
http://www.kase.kz/files/emitters/KTGA/ktga_reliz_210415.pdf
[2015-05-04]