Fitch raised the rating of LUKOIL to “BBB” with stable forecast

The  international rating agency Fitch increased the long-term issuer default rating of the Russian largest private oil company OJSC “LUKOIL” to “BBB” with a stable forecast “BBB-“, it is said in a statement of the agency.

The short-term issuer default rating of the company is confirmed at “F3” level. The ratings of the company reflect steady credit status, which will be kept in 2013-2016, according to the agency.

 

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