S&P revises PTT Exploration view to negative

S&P said it revised the outlook for PTT Exploration & Production PCL’s local currency rating to negative from stable and to stable from positive for the foreign currency rating outlook.

The outlooks reflect the outlooks of its parent PTT PCL, which were revised after S&P revised the outlooks for Thailand, S&P said.

S&P affirmed PPT Exploration’s A- local currency rating and BBB+ foreign currency rating.

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