Fitch Withdraws Alliance Oil's Ratings
OREANDA-NEWS. Fitch Ratings has withdrawn Alliance Oil Company Ltd.'s (AOIL) ratings, as listed below.
Fitch has withdrawn the ratings as the agency no longer has sufficient information to maintain the ratings after AOIL has chosen to stop participating in the rating process. Accordingly, Fitch will no longer provide ratings or analytical coverage for AOIL.
The rating actions are as follows:
Alliance Oil Company Ltd.
Long-Term foreign currency IDR: 'B', Rating Watch Negative (RWN), withdrawn
Long-Term local currency IDR: 'B', RWN, withdrawn
Short-Term foreign currency IDR: 'B', withdrawn
Short-Term local currency IDR: 'B', withdrawn
Foreign currency senior unsecured rating: 'B'/'RR4', RWN, withdrawn
National Long-Term Rating: 'BBB(rus)', RWN, withdrawn
OJSC Alliance Oil Company
Local currency senior unsecured rating: 'B'/'RR4', RWN, withdrawn
National senior unsecured rating: 'BBB(rus)', RWN, withdrawn.
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