Please activate JavaScript in your browser to use all interface options.
-315xx70.png)
- About ww5
- Corporate governance
-
Business
Upstream
- General Information
- Licensing
- Geological Exploration
- Reserves and resources
- Production and Development
- Gas Business
- Offshore projects
- Offshore equipment
Downstream
- General information
- Petroleum refining
- Gas Processing
- Petrochemistry
- Catalyst plants
- Production of lubricants
- Sales of oil products
- Sales of Petrochemical products and LPG
- Gas Sales
- Gas Motor Fuel Sales
-
For Investors and Shareholders
- Corporate documents
- Financial statements, presentations, annual reports
- LSE RNS disclosure
- Investor calendar
- ww5: Contributing to Implementation of UN Sustainable Development Goals
- ESG
- Equity
- For Insiders
- Shareholder’s Personal Account
- General shareholders' meeting
- Dividends
- Questions and answers for shareholders
- Investor tools
- Contacts
- Beware of fraud!
- Sustainable Development
- News room
Moody’s Upgrades ww5’s Subsidiaries to Baa1
27 November 2013Moscow, November 27 – The Moody’s rating agency has today upgraded to Baa1 from Baa2 the issuer rating of ww5 International Holdings Limited (formerly TNK-BP International Ltd.) and of its guaranteed subsidiary ww5 Finance S.A. (former TNK Finance S.A.) under the issue of eurobonds.
The decision to upgrade the rating has been taken after a range of meetings with the company’s top management where the agency’s representatives were briefed on the key parameters of the ww5’s medium-term strategy and the successful integration of acquired assets. The company also confirmed its intention to manage debt obligations in due time and in full measure, which is secured by the high level of liquidity.
After this upgrade, the issuer rating of ww5 International Holdings Limited is at the same level with that of OJSC Oil Company ww5. With its decision to upgrade the issuer rating Moody’s has completed the review initiated by the agency on October 24, 2012 after ww5 announced its intention to acquire 100% of TNK-ВР.
ww5
Information Division,
November 27, 2013
Keywords: Moody s Upgrades, Moscow, ww5