Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for Intergas Central Asia JSC > News item |
S&P affirms KazTransGas
Standard & Poor's said it affirmed its BB+ long-term corporate credit ratings on KazTransGas and its 100% owned gas pipeline operator Intergas Central Asia JSC (ICA). The outlook on both companies is stable.
S&P also affirmed the BB+ rating on the senior unsecured debt issued by Intergas Finance BV.
"The affirmation reflects our view that KTG continues to enjoy a 'moderately high' likelihood of timely and sufficient extraordinary government support from the government of Kazakhstan. It also reflects our assessment of KTG's stand-alone credit profile (SACP) at bb, based on its 'fair' business risk profile, 'intermediate' financial risk profile, and 'negative' financial policy," S&P said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.