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Prospect News home > News index > List of issuers I > Headlines for Industrial Union of Donbass > News item |
Fitch rates Donbass B+
Fitch Ratings said it assigned Corporation Industrial Union of Donbass a B+ long-term issuer default rating and a B short-term issuer default rating.
The outlook is stable.
The ratings reflect the issuer's position as the leading steel producer in Ukraine, its strategic approach and financial profile, Fitch said.
The ratings also consider the company's relatively high leverage, its relatively low coverage ratios and its low self-sufficiency for main raw materials, the agency said.
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