{"id":303020,"date":"2019-11-27T11:21:04","date_gmt":"2019-11-27T05:51:04","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303020"},"modified":"2019-11-27T11:21:04","modified_gmt":"2019-11-27T05:51:04","slug":"moodys-warns-bpcl-of-potential-rating-downgrade-on-government-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/moodys-warns-bpcl-of-potential-rating-downgrade-on-government-sale\/","title":{"rendered":"Moody&#8217;s warns BPCL of potential rating downgrade on government sale"},"content":{"rendered":"<p>Mumbai: Moody&#8217;s Investors Service on Tuesday said it has placed Bharat Petroleum Corporation\u2019s (BPCLNSE 0.25 %) \u2018Baa2\u2019 issuer ratings on review for downgrade, following the government\u2019s decision to sell its entire 53.29 per cent stake in the company and to transfer management control to a strategic buyer.<\/p>\n<p>BPCL&#8217;s rating incorporates its \u2018ba1\u2019 baseline credit assessment (BCA), a measure of its standalone credit strength, and a two-notch uplift from expected extraordinary support from the government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Moody&#8217;s Investors Service on Tuesday said it has placed Bharat Petroleum Corporation\u2019s (BPCLNSE 0.25 %) \u2018Baa2\u2019 issuer ratings on review for downgrade, following the government\u2019s decision to sell its entire 53.29 per cent stake in the company and to transfer management control to a strategic buyer. BPCL&#8217;s rating incorporates its \u2018ba1\u2019 baseline credit assessment (BCA), a measure of its standalone credit strength, and a two-notch uplift from expected extraordinary support from the government.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-303020","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=303020"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303020\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}