Yonhap Infomax NewsStandard & Poor’s placed Hanwha TotalEnergies’ ‘BBB-’ credit rating on negative watch, citing persistent global oversupply, weak earnings outlook, and intensifying competition, with a downgrade possible if performance fails to improve.
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S&P Places Hanwha TotalEnergies’ ‘BBB-’ Credit Rating on Negative Watch
Standard & Poor’s placed Hanwha TotalEnergies’ ‘BBB-’ credit rating on negative watch, citing persistent global oversupply, weak earnings outlook, and intensifying competition, with a downgrade possible if performance fails to improve.