S&P cuts rating of Rosneft, Gazprom

Comment on this story
Standard&Poors Reuters The Standard & Poor's building is seen in New York. Picture: Jessica Rinaldi

Moscow - Standard and Poor's ratings agency cut the credit ratings of state-controlled Russian energy companies Rosneft and Gazprom to BBB- from BBB on Monday, the agency said in a statement on its website.

The downgrade, to a notch above junk rating, came after the agency cut Russia's sovereign rating on Friday, also to BBB-, the lowest investment grade category. - Reuters



sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines