Fitch Revises Saudi Aramco’s Outlook to Stable; Affirms IDR at ‘A’

Capt. John

Fitch Ratings has revised Saudi Arabian Oil Company’s (Saudi Aramco) Outlook to Stable from Negative while affirming the company’s Long-Term Issuer Default Rating (IDR) at ‘A’. The revision of the Outlook on Saudi Aramco’s IDR is driven by a similar action on the sovereign. The company’s IDR is constrained at that of its majority shareholder …

The post Fitch Revises Saudi Aramco’s Outlook to Stable; Affirms IDR at ‘A’ first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/fitch-revises-saudi-aramcos-outlook-to-stable-affirms-idr-at-a/

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