The corruption scandal surrounding Petroleo Brasileiro S.A.'s (Petrobras) contracting practices has raised a large number of queries regarding the company's credit quality, according to Fitch Ratings. In response, Fitch has published a report highlighting the questions most frequently raised, as well as the agency's views on the potential credit implications for Petrobras.
Fitch currently rates Petrobras 'BBB' with a Stable Rating Outlook.
The full report 'What Investors Want to Know: Petrobras' is available at 'www.fitchratings.com'.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: What Investors Want to Know: Petrobras (Scandal Could Affect Credit Quality)
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=855289
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