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Prospect News home > News index > List of issuers Y > Headlines for Yingde Gases Group Co. Ltd. > News item |
Fitch lifts Yingde Gases
Fitch Ratings said it upgraded the long-term issuer default rating of Yingde Gases Group Co. Ltd. to BB from BB-.
The outlook is stable.
The agency also upgraded the senior unsecured rating of Yingde to BB from BB-.
“The upgrade is driven by an accelerating improvement in Yingde's revenue and business mix combined with better financial metrics since 2016,” the agency said in a news release.
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