{"id":473901,"date":"2022-03-08T09:09:18","date_gmt":"2022-03-08T03:39:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=473901"},"modified":"2022-03-08T09:39:59","modified_gmt":"2022-03-08T04:09:59","slug":"russia-linked-nayara-energy-put-under-credit-watch-says-care-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/russia-linked-nayara-energy-put-under-credit-watch-says-care-ratings\/","title":{"rendered":"Russia-linked Nayara Energy put under credit watch, says CARE Ratings"},"content":{"rendered":"<p>NEW DELHI (Reuters) &#8211; India&#8217;s CARE Ratings Monday said it has placed the long-term ratings of Indian refiner Nayara Energy, part owned by Russia&#8217;s Rosneft, on &#8216;credit watch with negative implications&#8217; due to sanctions against Moscow for its invasion of Ukraine.<\/p>\n<p>Oil major Rosneft owns a 49.13% stake in Nayara while a similar-sized holding is split between global commodities trading house Trafigura and Cyprus-based Russian investment group United Capital Partners.<\/p>\n<p>CARE has put the ratings of Nayara&#8217;s long term bank loan of 171.5 billion rupees ($2.23 billion) and non-convertible debentures of 25.42 billion rupees under credit watch with negative implications, it said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI (Reuters) &#8211; India&#8217;s CARE Ratings Monday said it has placed the long-term ratings of Indian refiner Nayara Energy, part owned by Russia&#8217;s Rosneft, on &#8216;credit watch with negative implications&#8217; due to sanctions against Moscow for its invasion of Ukraine. Oil major Rosneft owns a 49.13% stake in Nayara while a similar-sized holding is split between global commodities trading house Trafigura and Cyprus-based Russian investment group United Capital Partners. CARE has put the ratings of Nayara&#8217;s long term bank loan of 171.5 billion rupees ($2.23 billion) and non-convertible debentures of 25.42 billion rupees under credit watch with negative implications, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-473901","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/473901","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=473901"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/473901\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=473901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=473901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=473901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}