22.02.2016 18:15:00
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Corp. Reser. Estrategicas Prod. Petroliferos -- Moody's changes outlook on CORES's Baa3 rating to stable from positive
Madrid, February 22, 2016 -- Moody's Investors Service (Moody´s) has today changed to stable from positive the outlook on the Baa3 issuer and senior unsecured ratings of Spanish energy and oil service company Corporación de Reservas Estratégicas de Productos Petrolíferos (CORES). Concurrently, Moody's has affirmed the ratings. The action was prompted by the recent change in outlook of the sovereign rating of the Goverment of Spain (Baa2) to stable from positive.