Moody's assigns Petronas Capital notes A2

Moody's Investors Service said it assigned an A2 rating to the proposed dollar-denominated senior unsecured notes to be issued by Petronas Capital Ltd. The notes will be drawn down from its medium-term note program.

The notes will be guaranteed by A2-rated parent Petroliam Nasional Bhd. on an unsubordinated basis.

The proceeds will be used for debt refinancing and general corporate purposes.

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.