07
Apr
16:20
Fitch upgrades Metinvest on debt restructuring, conflict abatement
The restructuring of Metinvest’s debt, abatement of conflict in the Donbas region, and resilient operations throughout the Ukraine crisis have led Fitch to upgrade the Ukrainian steelmaker. Its Long-Term Local-Currency and Foreign-Currency Issuer Default Ratings (IDRs) ratings are up to 'B' from 'Restricted Default' (RD). The outlook is stable.
The rating had previously been RD due to an uncured payment default under the company's pre-e…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous