CANTV L-T For Curr Rtgs Raised to B+ by S&P;Outlk to Stable.NEW YORK--(BUSINESS WIRE)--S&P CreditWire 6/6/97--Standard & Poor's today has raised its long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. foreign currency debt ratings of CANTV CANTV Compañía Anónima Nacional Teléfonos de Venezuela Finance Ltd. and parent Compania Anonima Nacional Nacional is the Spanish and Portuguese word for national. It can refer to: Sports
The rating outlook has been changed to stable from positive. About $200 million of debt is affected. The new ratings and outlook reflect changes in the Republic of Venezuela's ratings and outlook announced June 5, 1997. -- CreditWire CONTACT: Standard & Poor's Rating Services Pablo Scheffel, 212/208-1830 or Frank E. Plumley, 212/208-1996 |
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