The international rating agency S&P Global Ratings has confirmed the credit rating of SOCAR at 'BB-', the agency reports.
At the same time, the agency revised the forecast on SOCAR ratings from "negative" to "stable" in connection with a similar action on the sovereign ratings of Azerbaijan.
https://www.turan.az/ext/news/2021/1/subsc/energy_news/en/817.htm/001001