| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers V > Headlines for Victoria plc > News item |
Fitch rates Victoria notes BB
Fitch Ratings said it rated Victoria plc's planned 250 million of senior secured notes due 2028 BB/RR2.
The notes will rank pari-passu with the recently issued 500 million of senior secured notes due 2026, also rated BB.
The proceeds and cash balances will be used to refinance the remaining secured notes maturing in 2024.
The transaction is leverage neutral, leaving Fitch's expectations unchanged, the agency said in a press 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.