{"id":406463,"date":"2021-03-23T10:55:49","date_gmt":"2021-03-23T05:25:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406463"},"modified":"2021-03-23T10:55:49","modified_gmt":"2021-03-23T05:25:49","slug":"sp-affirms-ongcs-senior-unsecured-notes-at-bbb-outlook-stable","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sp-affirms-ongcs-senior-unsecured-notes-at-bbb-outlook-stable\/","title":{"rendered":"S&amp;P affirms ONGC\u2019s senior unsecured notes at BBB-, outlook stable"},"content":{"rendered":"<p>MUMBAI: S&amp;P Global Ratings on Monday affirmed state-owned oil producer Oil and Natural Gas Corporation\u2019s (ONGC\u2019s) senior unsecured notes at \u2018BBB-\u2019 with stable outlook as increasing adoption of renewable energy has raised risks for the longer-term profitability of global oil and gas producers.<\/p>\n<p>However, ONGC&#8217;s standalone credit profile has been affirmed &#8216;BBB+&#8217; rating, which reflects S&amp;P&#8217;s expectations of improving financial ratios.<\/p>\n<p>The agency said, to maintain the rating of &#8216;BBB+&#8217; for its standalone credit profile, ONGC should continue with a conservative financial policy, given its weakened business position.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: S&amp;P Global Ratings on Monday affirmed state-owned oil producer Oil and Natural Gas Corporation\u2019s (ONGC\u2019s) senior unsecured notes at \u2018BBB-\u2019 with stable outlook as increasing adoption of renewable energy has raised risks for the longer-term profitability of global oil and gas producers. However, ONGC&#8217;s standalone credit profile has been affirmed &#8216;BBB+&#8217; rating, which reflects S&amp;P&#8217;s expectations of improving financial ratios. The agency said, to maintain the rating of &#8216;BBB+&#8217; for its standalone credit profile, ONGC should continue with a conservative financial policy, given its weakened business position.<\/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":[139,130,187],"tags":[],"class_list":["post-406463","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406463","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=406463"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406463\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}