Moodys cuts Deer Park rating after Pemex acquires Houston refinery from Shell

Moodys cuts Deer Park rating after Pemex acquires Houston refinery from Shell
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31.05.2021

MOSCOW (MRC) --В Moody's Investors Service hasВ downgradedВ Deer Park Refining Limited Partnership to "Baa3" from "Baa2", the rating agency said, while placing the stock on review for a further downgrade, reported Reuters.The decision comes after Shell Oil Co, a subsidiary of Royal Dutch Shell Plc, agreed to sell its controlling interest in Deer Park Refining to partner Mexican state oil

Full article at mrcplast.com

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