Fitch downgrades Petronas to BBB+, outlook at stable
Published: Dec 8, 2020 2:42 PM
Fitch Ratings has downgraded Petroliam Nasional Bhd’s (Petronas) long-term foreign- and local-currency issuer default ratings (IDRs) to 'BBB+' from 'A-', with the outlook at stable.
In a statement today, Fitch said the rating action followed the downgrade of Malaysia's IDR to 'BBB+' from 'A-' on Dec 4, 2020, with the outlook at stable...
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