Tullow Oil’s bondholders unfazed by Moody's rating downgrade

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Tullow Oil’s bondholders unfazed by Moody's rating downgrade

Tullow

Prices of Tullow Oil’s two high yield bonds this week withstood a one notch Moody’s downgrade to B3, as analysts said it was the result of a downgrade of Ghana rather than Tullow's own difficulties.

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