Fitch revises Eurotorg view to negative

Fitch Ratings said it revised the outlook on Eurotorg LLC’s long-term foreign-currency issuer default rating to negative from stable and affirmed the IDR at B.

“The revision of the outlook to negative follows the revision of the outlook on Belarus’ sovereign rating and reflects the risk of a downgrade of Belarus’ country ceiling below B, which would constrain Eurotorg’s rating,” Fitch said in a press release.

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