/KASE, February 21, 2024/ – KazTransGas Aimak JSC (Astana), whose bonds
are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE
about the following:
quote
On 08.02.2024 the international rating agency Fitch Ratings downgraded the
long-term issuer default ratings (IDR) of QazaqGaz JSC and its subsidiaries to
the level of BB+, outlook Stable.
Rating actions regarding KazTransGas Aimak JSC:
- The long-term IDR in foreign currency was downgraded from ВВВ- to ВВ+,
outlook Stable;
- The long-term IDR in national currency was downgraded from BBB- to BB+,
outlook Stable;
- The short-term IDR was downgraded from F3 to B;
- The national long-term rating was downgraded from AA+(kaz) to AA-(kaz),
outlook Stable;
- The long-term senior unsecured rating was downgraded from BBB- to BB+,
also in relation to the Eurobonds of KazTransGas Aimak JSC, NIN/ISIN
XS1273497385 the rating was downgraded to BB+;
- The national long-term senior unsecured rating has been downgraded from
AA+(kaz) to AA-(kaz).
unquote
This information is available (in Kazakh and Russian) on –
https://kase.kz/files/emitters/KTGA/ktga_rating_080224_222.pdf
[2024-02-21]