Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Oman Electricity Transmission Co. SAOC > News item |
S&P cuts Oman Electricity
S&P said it downgraded Oman Electricity Transmission Co. and the notes issued by orphan special-purpose vehicle Lamar Funding Ltd. to BB- from BB.
The downgrade follows last week’s downgrade of Oman to BB- from BB. Since the company was recently taken private, S&P said it believes the possibility of extraordinary government support also has weakened.
The outlook is negative.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.