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Moody’s assigns Baa3 to Vivo Energy
Moody’s Investors Service said it assigned a first time Baa3 long-term issuer rating to Vivo Energy plc.
“The Baa3 rating assigned to Vivo Energy reflects its strong credit metrics and liquidity, its conservative financial policy, and the resilience of its business profile despite the exposure to some high risk countries in Africa,” said Douglas Rowlings, a Moody’s vice president and senior analyst, in a press release.
The outlook is stable.
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