Moody’s: Petronas credit metrics to remain strong


Operating cash flows sufficient to fund capital spending

KUALA LUMPUR: Moody’s Investors Service expects Petroliam Nasional Bhd’s (Petronas) credit metrics to stay strong through 2021 to 2022.

It said this was based on an adjusted debt/capitalisation at around 22% and earnings before interest and tax/interest expense at eight to 12 times.

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