S&P places Petrol on credit watch over fuel prices regulation

Ljubljana, 21 July - The ratings firm Standard & Poor's (S&P) has placed Petrol, Slovenia's motor fuel market leader, on credit watch with a negative outlook after the government intervened on the motor fuel market. This could lead to a downgrade in the company's credit rating by one notch from BBB- to BB+ in the coming months.

A filling station operated by fuel retailer Petrol
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 893 characters (without spaces) or 164 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

© STA, 2022