# Zenith Energy Ltd Confirmation of B+, with Positive Outlook Rating

- Link: https://www.directorstalkinterviews.com/zenith-energy-ltd-confirmation-of-b-with-positive-outlook-rating/412795165
- Published: 2019-10-10T07:16:31+01:00
- Author: Giles Arbor

**Zenith Energy Ltd** (LON: ZEN; TSX.V: ZEE; OSE: ZENA-ME), the international oil&
gas production company operating onshore in Azerbaijan, have announced that ARC 
Ratings, SA. has confirmed its final public “B+” issuer medium and long-term credit
rating, with Positive outlook, assigned to the Company.

ARC Ratings is a European credit rating agency with a 25-year history, registered
with the European Securities & Markets Authority (“ESMA”). The ARC Ratings’ report
can be viewed here: https://www.arcratings.com/admin-uk/modulo_news/ficheiros_noticias/
20191008231814-120191008zenithenergypren.pdf

**Andrea Cattaneo, Chief Executive Officer of Zenith Energy, commented:**

> “We are pleased to have received the confirmation of our B+, with Positive Outlook
> credit rating obtained last year. Debt financing has proven to be a successful
> financing solution which we shall be seeking to explore further to support the
> Company’s development in the near future.”

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