Moody’s revises PTTEP view to positive

Moody's Investors Service said it revised its outlook for PTT Exploration & Production PCL, PTTEP Canada International Finance Ltd. and PTTEP Treasury Center Co. Ltd. to positive from stable.

“The change in ratings outlook for PTTEP to positive is in line with the rating action on its parent, PTT, and reflects the close credit linkages between the two companies,” said Vikas Halan, a Moody’s senior vice president, in a press release.

It affirmed PTTEP’s Baa1 ratings.

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