S&P pulls Pearl Petroleum rating

S&P said it withdrew its preliminary B- long-term issuer credit and issue ratings on Pearl Petroleum Co. Ltd. and its proposed $350 million senior secured notes. This follows the company's decision not to proceed with its proposed offering of senior secured notes within the envisaged timeframe. S&P assigned the preliminary ratings on Oct. 11.

© 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.