Enquiry Service of Legal Entities
Legal Base Rates/Prices
Application of data from the USRLE TIN (INN) check
Procedure of data provision Feedback
русская версия
Forgot password? Registration
Enquiry Service of Legal Entities

  Go to main page

S&P upgrades TNK-BP's credit rating to BB


MOSCOW, May 28 (RIA Novosti) - Standard & Poor's (S&P) has raised its long-term corporate credit and senior unsecured debt ratings on TNK-BP International Ltd. to BB from BB, with stable outlook, the international rating agency said on Thursday.

S&P said the rating upgrade for the Russian-British oil joint venture reflected progress in TNK-BP's corporate governance resulting from an improvement in the relationship between the two main shareholders.

The rating agency said that the stable outlook reflected the agency's expectation that TNK-BP was well positioned to weather current challenging Russian and oil industry conditions, thanks to expected continued satisfactory profitability and free cash flow.

More news

Back to the news list

Copyright © 2005- Enquiry Service of Legal Entities LLC.
All rights reserved.

Fax: +7(495) 540-56-12 (24/7)
E-mail: info@RussianPartner.biz