Baku/29.10.22/Turan: On October 28, the authoritative agency Fitch Ratings changed the outlook on the long-term issuer default rating (IDR) of the State Oil Company of the Republic of Azerbaijan (SOCAR) from "Stable" to "Positive" and confirmed the IDR and senior unsecured rating at 'BB+' and a recovery rating of 'RR4', according to Fitch.The rating action follows the revision of the outlook on Azerbaijan's sovereign rating (BB+/Positive) and the...

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