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19 June 2025, 22:37
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19.06.2025 16:53 #Corporate events

KazTransOil says Fitch Ratings affirmed the company's ratings; outlook "Stable"

/KASE, June 19, 2025/ – KazTransOil JSC (KASE ticker – KZTO) has announced the following:

quote

On June 18, 2025, the international rating agency Fitch Ratings has affirmed JSC KazTransOil's Long-Term Issuer Default Rating at "BBB" with a Stable outlook.

The company's rating is in line with the rating of its parent company, JSC NC KazMunayGas, and the sovereign rating of the Republic of Kazakhstan ("BBB", Stable outlook).

Fitch notes that JSC KazTransOil's creditworthiness is supported by a strong business profile as the national operator of oil pipelines, stable cash flow, and a solid financial position, despite a less predictable regulatory environment compared to European peers.

unquote

The full version of the press release in Kazakh, Russian and English is available at – see more

[2025-06-19]