KazTransOil says S&P Global Ratings published annual review of the company's credit rating

/KASE, October 13, 2020/ – KazTransOil (Nur-Sultan), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of October 13, 2020: quote The international rating agency S&P Global Ratings (hereinafter – the Agency) has published an annual review of the credit rating of KazTransOil JSC (hereinafter – the Company), whereby its baseline scenario was updated. The agency continues to maintain the corporate credit rating of the Company at BB, with a Negative outlook. The current rating is still constrained by the rating level of the parent company of the Company – NC "KazMunayGas" JSC ("BB", outlook "Negative"), while the agency assesses the characteristic of the Company's own creditworthiness at the level of "bb+". unquote [2020-10-13]