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Moody's upgrades Orlen to A3, highest rating in company's history

17:38

Moody's upgrades Orlen to A3, highest rating in company's history
Source: Pixabay

Moody's Investors Service agency has upgraded PKN Orlen rating again, giving it the highest rating in its history - A3, the company said. According to PKN Orlen, this was the result of successfully implemented takeover processes and the Group's strong financial fundamentals.

PKN Orlen said that "the high rating assigned by Moody's reflects the importance of the merged Orlen Group for Poland's energy security through the integration of activities in the strategic areas of oil and gas".

Source: PAP 


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