Exchange rates

EURARS

Delayed 03:09:09 2024-04-28 pm EDT			5-day change	1st Jan Change
935.1 ^ARS	0.00%		+0.64%	+4.79%

Apr. 26	Corn Futures Lower as Rain Hits Corn Belt -- Daily Grain Highlights	DJ
Apr. 26	Wheat poised for biggest weekly rise in 2 years on supply fears	RE

Molecular Energies hails Fitch rating and progress on Green House IPO

August 07, 2023 at 06:54 am EDT

(Alliance News) - Molecular Energies PLC on Monday noted that New York-based credit agency Fitch reconfirmed its Argentine mind bond investment grade and gave an update on a rig in Paraguay.

The Argentina and US-focused oil and gas production company with additional assets in Paraguay noted that Fitch reconfirmed the A- Argentine mind bond investment grade. Molecular said that oil and gas remained one of the "backbones" of the Argentine economy.

The company added that long-distance mobilisation of a rig in a Paraguay exploration well continued, with no material issues or changes to timescales.

Further, Molecular Energies said it is progressing with the initial public offering of its alternative energies division Green House Capital Group PLC, with finnCap named as prospective nominated advisor for the IPO.

Molecular Energies shares rose 0.5% to 133.15 pence each on Monday morning in London.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
EURO / ARGENTINE PESO	935.1 ARS	0.00%	+0.64%	-
US DOLLAR / ARGENTINE PESO	874.5 ARS	0.00%	+0.40%	-
BRENT CRUDE OIL SPOT	87.84 USD	-0.26%	+1.09%	-
WTI	83.34 USD	-0.23%	+1.80%	-
CAVENDISH FINANCIAL PLC	11 GBX	+4.76%	+5.77%	51.18M
MOLECULAR ENERGIES PLC	7 GBX	0.00%	-39.13%	1.08M

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