Moody's placed Kaztemirtrans rating on the review with possibility of downgrading
22.01.09 17:28
/INTERFAX-KAZAKHSTAN, Almaty, January 22, 09/ - Moody's Investors
Service placed rating of Baa3 issuer Kaztemirtrans (subsidiary of the
national railway company Kazakhstan Temir Zholy (KTZH)) with possibility of
downgrading on the review, the rating agency's message says.
These movements followed after placing the rating of A3 issuer KTZH on the
review with possibility of downgrading.
Kaztemirtrans JSC - is the largest operator of cargo car fleet of Kazakhstan.
Kaztemirtrans car fleet provides more than 56 % of cargo traffic of total rail
transit on Kazakhstan territory. The company was created on October 21,
2003 within reforming of railway transport in republic and is a 100 %
subsidiary of KTZH.
[2009-01-22]