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Prospect News home > News index > List of issuers E > Headlines for eHi Car Services Ltd. > News item |
Fitch downgrades eHi
Fitch said it downgraded eHi Car Services Ltd.’s long-term issuer default rating to B from B+.
The outlook is stable.
“The downgrade reflects higher-than-expected leverage and Fitch's expectation that meaningful deleveraging is unlikely in the next two to three years,” Fitch said in a news release.
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