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If Petrozuata works with Conoco, they have a higher chance of getting an investment grade credit rating. Conoco is a subsidiary of Dupont, which operates
If Petrozuata works with Conoco, they have a higher chance of getting an investment grade credit rating. Conoco is a subsidiary of Dupont, which operates worldwide and has investment-based credit rating. If investment is done in Petrozuata then your investment is also in Dupont and the country of Venezuela. To obtain investment rating, having Dupont in the deal is critical. Petrozuata already has a very good structure and business projections. If Venezuela is only linked to Petrozuata and has a "B" then Petrozuata should also have a B rating plus a bonus because risk is diversified into Dupont
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