Moody's, Fitch assign Baa3, BBB- rating to BPCL $2-bn bond sale
Global rating agencies Moody's and Fitch Wednesday assigned Baa3 and BBB- ratings with stable outlook respectively, in line with the sovereign's, to the proposed USD 2-billion bond sale programme of state-owned Bharat Petroleum Corp Ltd, which is likely to hit the market anytime.
Jan 28, 2015, 21:00 PM IST