Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Saudi Basic Industries Corp. > News item |
S&P raises Saudi corporates
S&P said it raised the ratings for Saudi Electric Co. and Saudi Basic Industries Corp. to A from A-. Both owned by the Saudi government.
The upgrades follow a similar action by the agency on Saudi Arabia’s ratings to A from A- on March 17, S&P said.
The outlook is stable.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.