"The notes#39; rating is in line with ONGC#39;s Baa1 issuer rating, which is in turn primarily driven by its standalone credit profile as captured by the company#39;s baa1 Baseline Credit Assessment (BCA)," says Vikas Halan, a Moody#39;s Senior Vice President.Moody#39;s assigns Baa1 rating to ONGC#39;s proposed senior unsecured notes
"The notes#39; rating is in line with ONGC#39;s Baa1 issuer rating, which is in turn primarily driven by its standalone credit profile as captured by the company#39;s baa1 Baseline Credit Assessment (BCA)," says Vikas Halan, a Moody#39;s Senior Vice President.
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