Standard & Poor’s Ratings Services has raised its long-term foreign currency rating on Malaysia’s national oil and gas company, Petroliam Nasional Berhad (Petronas), to A- from BBB+. In a statement, S&P said he rating was raised in line with Malaysia’s foreign currency sovereign rating, given that Petronas’ ratings are closely aligned with those on the…
MALAYSIA: S&P raised Petronas foreign rating to A-
Posted on October 14, 2003 by EnergyAsia