Xinhua Far East China Ratings (Xinhua Far East) has downgraded the issuer credit rating of China Aviation Oil (Singapore) Corp Ltd (CAO) from A to C, the lowest rating in Xinhua Far East’s rating scale. CAO is the largest jet fuel supplier in China and the eighth largest in the world. It is also…
SINGAPORE: Xinhua Far East sharply downgrades China Aviation Oil Singapore’s rating
Posted on December 6, 2004 by EnergyAsia