Moody's assigns A2 to Petronas Capital's MTN drawdown


KUALA LUMPUR: Moody's Investors Service has assigned an A2 rating for the proposed US dollar-denominated senior unsecured notes to be issued by Petronas Capital Ltd and drawn down from its medium-term note (MTN) programme.

Moody's analyst Hui Ting Sim said Petronas' A2 ratings reflected its strong credit metrics and excellent liquidity, with a track record of maintaining a net cash position through the oil price cycle

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Petronas , notes issuance , oil and gas

   

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