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S&P cuts Polish Oil view to negative
Standard & Poor's said it revised the outlook on Polish Oil and Gas Co. to negative and affirmed the BBB+ long-term issuer credit rating.
"The outlook revision reflects POGC's weak performance in the year to date and our concerns about the company's ability to achieve debt protection ratios consistent with the current rating," said S&P credit analyst Mark Schindele in a news release.
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