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Published on 5/12/2014 in the Prospect News Emerging Markets Daily.

S&P affirms MB Petroleum

Standard & Poor's said it affirmed its B long-term corporate credit rating on MB Petroleum Service LLC. The outlook is negative.

In addition, S&P affirmed the B- issue rating on the senior unsecured $320 million bond.

The affirmation follows the affirmation of the rating on MB Petroleum's parent company, MB Holding Co. LLC.


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