S&P affirms long-term credit rating on

25 November 2024

S&P affirms long-term credit rating on SOCAR

22:15 09 February 2015 Read: 1023

S&P affirms long-term credit rating on SOCAR

Standard & Poor`s Ratings Services revised its outlook on the Republic of Azerbaijan`s national oil company, State Oil Company of Azerbaijan Republic (SOCAR), to negative from stable. At the same time, the agency affirmed `BB+` long-term corporate credit rating on SOCAR.

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