Fitch increases rating of KazTransGas and its subsidiaries to “BBB-”, forecast is “stable”

International rating agency Fitch Ratings has increased long-term issuer default ratings of KazTransGas (KTG) and its 100% subsidiaries Intergaz Central Asia (ICA) and KazTransGas Aimak (KTG Aimak) from “BB+” to “BBB-”, the ratings forecast is “stable”, the agency reported.

The growth of the companies’ ratings shows revaluation of the group’s relations with state parent structure KazMunaiGas (KMG) by Fitch.

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