Moody’s Upgrades Rosneft’s Subsidiaries To Baa1 Eurasia Review:
"The Moody’s rating agency has today upgraded to Baa1 from Baa2 the issuer rating of Rosneft International Holdings Limited (formerly TNK-BP International Ltd.) and of its guaranteed subsidiary Rosneft Finance S.A. (former TNK Finance S.A.) under the issue of eurobonds.
The decision to upgrade the rating has been taken after a range of meetings with the company’s top management where the agency’s representatives were briefed on the key parameters of the Rosneft’s medium-term strategy and the successful integration of acquired assets. The company also confirmed its intention to manage debt obligations in due time and in full measure, which is secured by the high level of liquidity."
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