Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Free
Message: Connacher cotinues to shine
Reply New Message
Back To Forum List View

Connacher cotinues to shine

posted on Oct 10, 2008 10:27PM

TORONTO (Standard&Poor's) Oct. 10, 2008--Standard&Poor's Ratings Services today said it raised its issue-level rating on Calgary, Alta.-based Connacher Oil and Gas Ltd.'s US$600 million second-lien senior secured eight-year notes to 'BB+' from 'BB', and revised the recovery rating on this debt to '1' from '2'. The '1' recovery rating indicates an expectation for very high (90%-100%) recovery in the event of a payment default.

5 Recommendations
Re: Connacher cotinues to shine...More Detail from S&P
2
Shytshow
Oct 11, 2008 09:06AM
Reply New Message
Back To Forum List View
Share
Share
New Message
Please login to post a reply