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S&P Global Ratings revised outlook on SOCAR to negative and affirmed at "BB-" (Foreign Currency LT) credit rating

October 29, 2020
S&P Global Ratings affirmed the "BB-" Foreign Currency LT credit rating of SOCAR on October 28, 2020. At the same time the rating agency revised outlook to negative from stable.
Company — SOCAR
  • Full name
    State Oil Company of Azerbaijan (SOCAR)
  • Registration country
    Azerbaijan
  • Industry
    Oil and gas

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