Fitch affirms Bharat Petroleum at BBB-minus with negative outlook

Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd’s (BPCL’s) long-term foreign-currency issuer default rating at BBB-minus. The outlook is negative. The agency has also affirmed BPCL’s senior unsecured rating and the ratings on its outstanding senior unsecured debt at BBB-minus. Fitch has also affirmed the rating on subsidiary BPRL International Singapore Pte Ltd’s […]