HALISTER1: INDIA RATINGS: Assam Air Products, Bosch Rexroth Upgraded

INDIA RATINGS: Assam Air Products, Bosch Rexroth Upgraded

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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UPGRADES
  • Assam Air Products
    • Long-term bank facilities raised to BBB from BBB- at Crisil
    • Cites improvement in business risk profile following revision in analytical approach
  • Bosch Rexroth
    • LT non-fund based bank guarantees raised to AA from AA- at ICRA
    • Cites improvement in financial risk profile
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
9719029Z GR (Robert Bosch Stiftung GmbH)
3507Z GR (Mannesmann Rexroth AG)

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UUID: 7947283

HALISTER: Anadarko to Sell Eagleford Shale Assets for $2.3b

Anadarko to Sell Eagleford Shale Assets for $2.3b

(Bloomberg) -- Anadarko Petroleum to sell its Eagleford Shale assets in South Texas for ~$2.3b to Sanchez Energy and Blackstone Group.
  • Assets include about 155k net acres primarily located in Dimmit and Webb counties; sales volumes from properties totaled about 45k barrels of liquids/ day and about 131m cubic feet of natgas/day, at end of 4Q
  • Deal expected to close in 1Q
Link to Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
APC US (Anadarko Petroleum Corp)
WES US (Western Gas Partners LP)

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UUID: 7947283