Aramco sweeps Fitch rating at A with an outlook

Aramco sweeps Fitch rating at A with an outlook
Aramco sweeps Fitch rating at A with an outlook
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2020-09-27

Aramco sweeps Fitch rating at A with an outlook

Gulf Follow-up 365 – Riyadh

Despite the impact of the Corona epidemic on the oil market, Fitch Ratings has ranked the oil giant Saudi Aramco is up with a stable outlook.

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The Ftish Credit Rating Agency confirmed that Saudi Aramco’s independent credit file is at A.

She indicated Aramco’s very strong position, and that leverage costs and initial capital expenditures are much lower than that of international companies, which is an important competitive advantage for Aramco.

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These were the details of the news Aramco sweeps Fitch rating at A with an outlook for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

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