{"id":335152,"date":"2020-02-01T11:28:26","date_gmt":"2020-02-01T05:58:26","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=335152"},"modified":"2020-02-01T11:28:26","modified_gmt":"2020-02-01T05:58:26","slug":"moodys-investors-service-downgrades-nayara-energy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/moodys-investors-service-downgrades-nayara-energy\/","title":{"rendered":"Moody&#8217;s Investors Service downgrades Nayara Energy"},"content":{"rendered":"<p>MUMBAI : Moody&#8217;s Investors Service has downgraded Nayara Energy Limited&#8217;s rating to Ba3 from Ba2 and changed the outlook on the rating to negative from stable, it said in a statement today.<\/p>\n<p>Russian oil giant Rosneft-led Nayara Energy operates a 20 million tonnes a year oil refinery at Vadinar, Gujarat.<\/p>\n<p>&#8220;The downgrade to Ba3 reflects the significant deterioration in Nayara&#8217;s credit metrics, driven largely by the weak refining margin environment in Asia,&#8221; said Sweta Patodia, Moody&#8217;s Lead Analyst for Nayara.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI : Moody&#8217;s Investors Service has downgraded Nayara Energy Limited&#8217;s rating to Ba3 from Ba2 and changed the outlook on the rating to negative from stable, it said in a statement today. Russian oil giant Rosneft-led Nayara Energy operates a 20 million tonnes a year oil refinery at Vadinar, Gujarat. &#8220;The downgrade to Ba3 reflects the significant deterioration in Nayara&#8217;s credit metrics, driven largely by the weak refining margin environment in Asia,&#8221; said Sweta Patodia, Moody&#8217;s Lead Analyst for Nayara.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-335152","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335152","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=335152"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335152\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=335152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=335152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=335152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}