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Published on 5/4/2011 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch affirms Rockwood

Fitch Ratings said it affirmed Rockwood Specialties Group, Inc.'s issuer default rating for at BB, senior secured revolving credit facility and senior secured term loans at BB+ and senior subordinated notes at BB-.

The outlook is stable.

Rockwood's ratings reflect leading positions in many of its product lines, diversification by market and end-use, good profit margins and consistent generation of free cash flow, the agency said.

The total debt-to-operating EBITDA ratio for the latest 12 months was 2.7 times.


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