S&P rates Rubis Terminal Infra B+

S&P Global Ratings said it assigned a B+ long-term issuer credit rating to Rubis Terminal Infra SAS. At the same time, the agency withdrew its B+ long-term issuer credit rating on Rubis Terminal SA.

“We took these actions because, when we assigned the rating on May 11, 2020, the rated entity should have been Rubis Terminal Infra SAS rather than Rubis Terminal SA. There are no changes to our credit opinion or to the B+ issue rating on the €410 million unsecured notes issued by Rubis Terminal Infra,” S&P said in a press release.

The outlook is stable.

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