Middle East Economic Survey
Agencies Rate Oman LNGs $175Mn Commercial Bank Facility
The two leading ratings agencies Moodys and Standard & Poors (S&P) have both issued ratings on Oman LNGs $175mn debt which falls due in 2012. Moodys on 9 July rated the debt at A3, while also affirming the same rating on the companys senior secured debt. The A3 ratings reflect Oman LNGs strong business and financial profile, factoring in certain changes expected to its...