Moodys downgrades Nayara Energy rating to negative

Moodys downgrades Nayara Energy rating to negative
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27.02.2020

MOSCOW (MRC) -- Research and rating agency Moody'sВ has recentlyВ downgraded Nayara Energy Limited's corporate family rating to negative from stable, driven largely by weak refining margin environment in Asia, according to Energyworld."The downgrade to Ba3 reflects the significant deterioration in Nayara's credit metrics, driven largely by the weak refining margin environment in Asia," Sw

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