Trinidad Petroleum vows to fix debt issues after S&P ratings downgrade

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Trinidad Petroleum vows to fix debt issues after S&P ratings downgrade

The content originally appeared on: Trinidad and Tobago Newsday News A worker paints the fence at the Trinidad Petroleum Holdings Savannah Building, Queen's Park West, Port of Spain. - SUREASH CHOLAI S&P Global Ratings has downgraded Trinidad Petroleum Holdings Ltd's (TPHL) rating from BB to B+ in its latest overview on Wednesday. The company attributed the downgrade to the delayed issuance of TPHL's 2019 consolidated audited financial statements, and the tight maturity profile of upcoming debt payments. TPHL, parent company […]

Source: Trinidad News

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