{"id":372939,"date":"2020-09-10T10:54:02","date_gmt":"2020-09-10T05:24:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=372939"},"modified":"2020-09-10T10:54:02","modified_gmt":"2020-09-10T05:24:02","slug":"fitch-says-bpcl-privatisation-is-event-risk-due-to-little-info-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fitch-says-bpcl-privatisation-is-event-risk-due-to-little-info-2\/","title":{"rendered":"Fitch says BPCL privatisation is &#8216;event risk&#8217; due to little info"},"content":{"rendered":"<p>NEW DELHI: Fitch Ratings on Wednesday said the potential privatisation of BPCL is an &#8220;event risk&#8221; as there is little information about bidders and potential transaction structure. The rating agency affirmed Bharat Petroleum Corporation Ltd&#8217;s (BPCL) long-term foreign-currency issuer default rating (IDR) at &#8216;BBB-&#8216;. The outlook is &#8216;Negative&#8217;.<\/p>\n<p>&#8220;Fitch equalises BPCL&#8217;s rating with that of its largest shareholder, the India sovereign (BBB-\/Negative)&#8230;due to the strong likelihood of government support,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Fitch Ratings on Wednesday said the potential privatisation of BPCL is an &#8220;event risk&#8221; as there is little information about bidders and potential transaction structure. The rating agency affirmed Bharat Petroleum Corporation Ltd&#8217;s (BPCL) long-term foreign-currency issuer default rating (IDR) at &#8216;BBB-&#8216;. The outlook is &#8216;Negative&#8217;. &#8220;Fitch equalises BPCL&#8217;s rating with that of its largest shareholder, the India sovereign (BBB-\/Negative)&#8230;due to the strong likelihood of government support,&#8221; it said.<\/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-372939","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\/372939","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=372939"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/372939\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=372939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=372939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=372939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}