Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers R > Headlines for Rodenstock GmbH > News item |
Fitch puts Rodenstock on watch
Fitch Rating said it placed Rodenstock Holding GmbH’s B- long-term issuer default rating and the B/RR3 ratings on the debt issued by direct subsidiary Rodenstock GmbH on rating watch negative.
“This rating action follows Rodenstock's announcement that it is being sold to a new financial sponsor, Apax Funds, which Fitch believes could result in a refinancing and subsequent higher debt for the issuer. We expect to resolve the RWN once details of the new capital structure post change of ownership are known,” 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.