OREANDA-NEWS. 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.