Wednesday, December 13, 2017

CariCRIS reaffirms NGC ratings*


Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the ratings it assigned to the US$400 million debt issue of state-owned National Gas Company (NGC) of CariAA+ (Foreign and Local Currency) on the regional rating scale, and ttAA+ on the Trinidad and Tobago (T&T) national rating scale.
“These ratings indicate that the level of creditworthiness of this obligation, adjudged in relation to other obligations in the Caribbean is high,” CariCRIS said in a statement in which it added that it has maintained a stable outlook on the ratings. 

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