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NewsWhore
10-31-2011, 07:40 PM
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Moody&#39;s Cuts Argentine Oil Companies on Capital Control Law (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHQJZdpLdBw5kquWq68ba6WM7MCKg&url=http://www.bloomberg.com/news/2011-10-31/moody-s-cuts-argentine-oil-companies-on-capital-control-law-1-.html)
Bloomberg
The foreign currency rating of Pan American Energy LLC&#39;s Argentine unit was reduced one step to Ba3, three levels below investment grade, according to a statement. Moody&#39;s also cut Petrobras Argentina SA, a unit of Brazil&#39;s state-controlled oil company ...

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