Fitch approves KasTransOil Rating at “BB+”

    Fitch Ratings has changed its forecast for KazTransOil’s (KTO) emitters default rating from “stable” to “positive,” and has approved an emitter’s default rating at the level of “BB+” and a short-term rating of “B,” according to Fitch.     The “positive’ forecast reflects an expectation that KTO’s solvency would improve as the company...