VOL. XLVI

No 12

24-March-2003

OMAN

S&P Affirms Ratings On Oman LNG Project And QGPC Finance (Cayman) Notes

Standard & Poors said on 19 March that it has affirmed the A- long term senior unsecured debt rating (with a stable outlook) on Oman LNGs (OLNG) $1.3bn commercial bank facility following a review. It also affirmed its BBB+ long term underlying debt rating (with a stable outlook) on QGPC Finance (Cayman) Ltds (QGPC Finance) $400mn senior secured export receivable-backed notes. The AAA...