MOSCOW, Mar 10 (PRIME) -- International rating agency Fitch has downgraded the long-term issuer-default rating of Russian oil company RussNeft to CCC+ from B, the agency said in a statement on March 6.
The rating downgrade reflected the deterioration of liquidity of RussNeft, Fitch said, adding that the agency also doubted the corporate management practices of the company.
End
|
|
