Romgaz wants its debt rated, before tapping external debt markets

One of the largest two natural gas producers in Romania, Romgaz, 70% controlled by the state through the Energy Ministry, wants to have its debt rated by one of the major international specialized agencies. This would be a first step toward getting financing from abroad, including by issuing Eurobonds. The company envisages investment projects that exceed the internal financial resources, therefore it needs to identify possible ...

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