Fitch Ratings assesses SOCAR’s ratings

Fitch Ratings assesses SOCAR’s ratings Fitch Ratings has affirmed State Oil Company of the Azerbaijan Republic’s (SOCAR) Long-term foreign currency Issuer Default Rating (IDR) at ‘BBB-‘ and Short-term foreign currency IDR at ‘F3’ and senior unsecured rating at ‘BBB-‘. The Outlook on the Long-term IDR is Stable, Fitch press release says. SOCAR’s ratings incorporate state support as it is wholly... Read More