Fitch affirms Rockwood

Fitch Ratings said it affirmed Rockwood Specialties Group, Inc.'s issuer default rating at B, senior secured loans at BB/RR1 and senior subordinated notes at B/RR4.

The outlook is stable.

Ratings reflect solid performance and the potential for modest earnings growth over the next 12 to 18 months, the agency said.

Following the joint venture with Kemira Oyj, leverage could grow to about 4.5 times, Fitch said.

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