Moody's withdraws all ratings of biggest Kazakh freight railcar fleet operator
Baku, Azerbaijan, July 23
The Moody's international ratings agency has withdrawn all ratings of the largest operator of freight railcar fleet of Kazakhstan, Kaztemirtrans JSC, the agency said in a statement July 23.
Moody's decided to withdraw the ratings for its own business reasons, the agency said in the statement.
The agency reminds that earlier Kaztemirtrans JSC had a corporate family rating of Ba1 and probability of default of Ba1-PD. The ratings had a stable outlook.
The baseline credit appraisal (BCA) of Kaztemirtrans JSC was b2.
Kaztemirtrans JSC is a subsidiary of the railway operator Kazakhstan Railways (KTZ) NC JSC.