In 2018, the international agency Standard & Poor raised the long-term rating of KazTransGas JSC from BB- to BB, with a “stable” status. Credit ratings from Fitch Ratings and Moody’s Investors Services are confirmed at the same level.
KazTransGas JSC attracts debt financing, guided by the debt management policy approved by Samruk-Kazyna NWF JSC, in accordance with which the maximum permissible level of debt obligations is determined.
In 2018, a Syndicate of Banks (Citibank, N.A., London Branch, Mizuho Bank, Ltd., MUFG Bank Ltd., Société Générale, ING Bank, a branch of ING-DiBa AG, Société Générale Corporate & Investment Banking (the Corporate and Investment Banking Division of Société Générale), Citibank, N.A., Jersey Branch), a loan of funds was made to KazTransGas JSC. This amount was sent to Intergas Central Asia JSC as part of the partial financing of the investment project “Construction of Three Compressor Stations on the Beineu-Bozoi-Shymkent GP in the amount of $ 200 million”;
At the same time, in 2018, the Company continued to repay interest on the Syndicate, Euro obligations issued, and domestic loans of KazMunayGas NC JSC.