Fitch: Metalloinvest notes BB-

Fitch Ratings said it has assigned Metalloinvest Finance Ltd. $1 billion issue of 5.625% guaranteed notes due 2020 a final senior unsecured BB- rating.

The agency previously affirmed JSC Holding Co. Metalloinvest's long-term issuer default rating at BB- and revised the outlook to positive from stable.

The notes have unconditional and irrevocable guarantees from JSC Holding Co. Metalloinvest and the three major operating companies of the group, Fitch added.

© 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.