Standard & Poor’s has make good on its promise to reward Repsol - TopicsExpress

Standard & Poor’s has make good on its promise to reward Repsol with better ratings. S&P and Fitch Ratings had said they would lift the Spanish energy company’s ratings to “investment grade” if it were to divest its liquified natural gas (LNG) assets, including its stake in Point Fortin-based Atlantic. tandard & Poor’s Ratings Services revised its outlook on Repsol SA to “positive” from “stable” and affirmed the ‘BBB-’ long-term corporate credit rating on the company, as well as all of its issue ratings on its debt. READ MORE in the business section of your Monday Guardian today: ht.ly/x00YC

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