S&P downgrades ratings of Russian oil companies
Edited by Rhod Mackenzie / 2015-02-05 06:32:15
Rating agency S&P has downgraded ratings of Russian companies to the level of BB + with a negative outlook.
While S&P is looking for $1.4 billion to pay the penalty to the US Government for lost action on overstated estimates, it continues to reduce the ratings of the Russian companies.
