Fitch rates RVK-Finance bonds BB-

Fitch Ratings said it assigned RVK-Finance LLC's RUB 3 billion 9% coupon bonds due to mature in Nov. 2015 a final local-currency senior unsecured rating of BB- and a final national long-term rating of A+(rus).

RVK-Finance is a wholly-owned indirect subsidiary of Ventrelt Holdings Ltd. The bonds benefit from sureties provided on a joint and several basis from RVK-Invest LLC, Krasnodar Vodokanal LLC, Tyumen Vodokanal LLC and Kaluzhsky oblastnoy vodokanal LLC, which are all wholly owned indirect subsidiaries of Ventrelt Holdings, Fitch said.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.