Fitch: Evraz unaffected

Fitch Ratings said that Evraz Group SA's acquisition of Yuzhkuzbassugol would have no rating impact on its issuer default and senior unsecured B ratings and short-term B rating.

The outlook is stable.

Fitch said it expects the acquisition will not negatively affect the company's credit metrics given its scale of operations compared with Yuzhkuzbassugol. The company also has a strong financial profile, with $842 million in cash as of fiscal year ended 2006.

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