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S&P AFFIRMS RATINGS OF CALTEX AUSTRALIA.
SYDNEY, March 2 Asia Pulse - Standard & Poor's Ratings Services today affirmed its BBB-plus/A2 corporate credit ratings on oil refiner and marketer Caltex Australia Ltd (ASX:CTX).
S&P said the outlook is stable.
"Caltex's rating affirmation reflects the benefits from the supportive industry fundamentals, flexibility achieved due to its rapid deleveraging over the past three years, and its moderately conservative financial policies," said S&P ...
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Source: HighBeam Research, S&P AFFIRMS RATINGS OF CALTEX AUSTRALIA.