SYDNEY (AFX-ASIA) – Standard and Poor’s said it has raised its short term credit rating on Caltex Australia Ltd to ‘A-2’ from ‘A-3’ and revised its outlook to ‘stable’ from ‘negative’ following the company’s 2002 results, which showed improved performance and significant debt reduction. S&P has affirmed the company’s ‘BBB’ long-term rating. In a statement,…

This article is for Subscriber members only.
Log In Register

SYDNEY (AFX-ASIA) – Standard and Poor’s said it has raised its short term credit rating on Caltex Australia Ltd to ‘A-2’ from ‘A-3’ and revised its outlook to ‘stable’ from ‘negative’ following the company’s 2002 results, which showed improved performance and significant debt reduction. S&P has affirmed the company’s ‘BBB’ long-term rating. In a statement,…

This article is for Subscriber members only.
Log In Register