(EnergyAsia, May 4) — Ratings agency Standard & Poor’s said it has revised its outlook on Hong Kong-listed Titan Petrochemicals Group Ltd to negative from stable. At the same time, it affirmed Titan’s ‘BB-‘ long-term corporate credit rating and ‘B+’ issue senior unsecured notes rating. “We’ve revised the outlook to negative because of Titan’s…
CHINA: S&P downgrades Titan Petrochemicals’ outlook to “negative”
Posted on May 4, 2006 by EnergyAsia