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
 
Published on 10/22/2019 in the Prospect News Emerging Markets Daily.

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.


© 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.