Moody's raises Petrobras rating with stable outlook

Moody's raises Petrobras rating with stable outlook

SAO PAULO (Reuters) - The rating agency Moody's raised on Monday Monday Petrobras's rating from Ba3 to Ba2.The measure reflected the decision of the agency, which ...

SAO PAULO (Reuters) - The rating agency Moody's raised on Monday Monday Petrobras's rating from Ba3 to Ba2.The move was a reflection of the agency's decision, which hours earlier had announced the improvement in the outlook for Brazil's sovereign rating from negative to stable."The move on Petrobras' ratings also reflects the company's continued success in improving its liquidity position and reducing debt leverage," Moody's said in a statement.The rating outlook is stable.None(By Aluísio Alves) ...


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