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Published on 11/30/2010 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

Fitch affirms TNK-BP

Fitch Ratings has affirmed TNK-BP International Ltd.'s long-term foreign- and local-currency issuer default ratings at BBB-, short-term foreign-currency issuer default rating at F3 and TNK-BP Finance's $8 billion guaranteed debt issuance program at BBB-.

The outlook is stable.

Fitch said TNK-BP's balance sheet remains healthy, with a debt maturity profile that is appropriate for the current ratings.


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