Fitch shifts Rolls-Royce view to negative

Fitch Ratings said it revised Rolls-Royce plc’s outlook to negative from stable, while affirming its long-term issuer default and senior unsecured ratings at A-

“The negative outlook reflects Rolls-Royce’s high gross leverage, which is high for its A- rating, and highlights uncertainty over when the company will de-lever to bring leverage metrics within our negative sensitivity,” said Fitch in a press release.

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