Fitch Affirms Sinopec at ‘A+’; Outlook Stable

Capt. John

Fitch Ratings has affirmed China Petroleum & Chemical Corporation (Sinopec)’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at ‘A+’. The Outlook is Stable. The integrated oil, gas and petrochemical company’s ratings are based on Fitch’s assessment of the credit profile of Sinopec’s 68.77% parent, China Petrochemical Corporation (Sinopec Group), under its Parent and Subsidiary …

The post Fitch Affirms Sinopec at ‘A+’; Outlook Stable first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/fitch-affirms-sinopec-at-a-outlook-stable/

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