E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for TransMontaigne Partners LP > News item
Published on 2/1/2018 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch rates TransMontaigne, notes BB

Fitch Ratings said it assigned a long-term issuer default rating of BB to TransMontaigne Partners LP and BB/RR4 ratings to its senior unsecured notes.

Fitch said the BB/RR4 ratings reflect its expectation that in an event of default the recovery for the senior unsecured notes will be in the range of 31% to 50%.

Proceeds will be used for the repayment of debt and other general corporate purposes.


© 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.