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Prospect News home > News index > List of issuers N > Headlines for Novorossiysk Commercial Sea Port > News item
Published on 10/12/2018 in the Prospect News Emerging Markets Daily.

S&P puts Novorossiysk Commercial Sea Port on positive watch

S&P said it placed its BB- long-term issuer credit rating on Novorossiysk Commercial Sea Port PJSC on CreditWatch with positive implications.

The CreditWatch placement follows Transneft's acquisition of a 50% stake in Novoport Holdings Ltd., which owns 50.1% of NCSP, for $750 million, increasing its share in Novoport to 100%.


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