| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers V > Headlines for VimpelCom BV > News item |
S&P gives VimpelCom bonds 3
Standard & Poor's said it assigned a recovery rating of 3 to the Russian ruble unsecured bonds, consisting of RUB 10 billion, RUB 5 billion bonds due 2013 and RUR10 billion bonds due 2014, issued by VimpelCom-Invest LLC and fully guaranteed by Vimpel-Communications (JSC) (BB+/negative).
The recovery rating indicates S&P's expectation of meaningful recovery in the event of a payment default.
The issue-level ratings on these unsecured debt instruments remains BB+, in line with the BB+ corporate credit rating on VimpelCom, the agency noted.
The issue ratings on the foreign currency unsecured debt issues of VimpelCom are BB+, the same as the corporate credit rating, the agency 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.