Moody's Investors Service downgrades LT- foreign currency credit rating of SOCAR to "Ba2"; outlook stable

Moody's Investors Service downgraded from "Ba1" to "Ba2" the LT- foreign currency credit rating of SOCAR on August 24, 2017. The outlook is stable.

• Full name
  State Oil Company of Azerbaijan (SOCAR)
• Registration country
  Azerbaijan
• Industry
  Oil and gas