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S&P trims Oman Electricity
S&P said it lowered its ratings on Oman Electricity Transmission Co. and the notes sold by its financing vehicle Lamar Funding Ltd. to B- from B.
The downgrade follows the lowering of Oman’s long-term sovereign credit ratings to B+ from BB- on Saturday, S&P said.
The agency withdrew the ratings at the company’s request.
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