OREANDA-NEWS. December 09, 2011. Fitch Ratings assigned final ratings to internal bonds of LLP "SOUTH-OIL" to the amount of KZT1 bn, with a yield of 9% maturing on September 8, 2014: final senior unsecured rating in national currency at "B" and final national senior unsecured rating at "BB(kaz)", reported the press-centre of KASE.

It is expected that revenues from selling bonds will be used for general corporate purposes.

SOUTH-OIL is a small private-owned oil production enterprise based in Kazakhstan and performing oil exploration and production in Kyzylorda region, the country's south.

Contacts:
Primary analyst, Angelina Valavina, Senior director +44 20 3530 1314 Secondary analyst, Maxim Edelson, Director +7 495 956 9986 Committee chairman, Erwin Van Lumich, Managing director +34 93 323 8403.