PTT Exploration&Prod 'A' Rtg Placed on S&PWatch,Neg - S&P Global Ratings’ Credit Research

PTT Exploration&Prod 'A' Rtg Placed on S&PWatch,Neg

PTT Exploration&Prod 'A' Rtg Placed on S&PWatch,Neg - S&P Global Ratings’ Credit Research
PTT Exploration&Prod 'A' Rtg Placed on S&PWatch,Neg
Published Aug 15, 1997
Published Aug 15, 1997
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About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 8/15/97 -- Standard&Poor's today has placed its single-'A' long-term local and foreign currency ratings of PTT Exploration&Production Co. Ltd. and its single-'A' rating on PTTEP International Ltd.'s US$200 million unsecured notes due 2006 on CreditWatch with negative implications. The CreditWatch placement reflects similar action on the Kingdom of Thailand's long-term local and foreign currency ratings (see Aug. 1, 1997 press release). PTT Exploration&Production is 71% owned by the Petroleum Authority of Thailand (PTT), which has the monopoly on buying and selling gas in Thailand. PTT Exploration&Production is a strategically important entity for the Kingdom, resulting in PTT Exploration&Production's and the Kingdom of Thailand's ratings

  
Report Type:

Ratings Action

Ticker
PTTEP@TB
Issuer
PTT Exploration&Production Public Co. Ltd.
GICS
Oil & Gas Exploration & Production (10102020)
Sector
Corporations, Energy, Global Issuers
Country
Thailand
Region
Emerging Markets
Format:
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MLA:
S&P Global Ratings’ Credit Research. "PTT Exploration&Prod 'A' Rtg Placed on S&PWatch,Neg" Aug 15, 1997. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/PTT-Exploration-Prod-A-Rtg-Placed-on-S-PWatch-Neg-80381>
  
APA:
S&P Global Ratings’ Credit Research. (). PTT Exploration&Prod 'A' Rtg Placed on S&PWatch,Neg Aug 15, 1997. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/PTT-Exploration-Prod-A-Rtg-Placed-on-S-PWatch-Neg-80381>
  
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