Fitch Confirms Rating For Mironvsky Khliboproduk's Eurobond Issue

Yesterday the Fitch Ratings Agency announced that it had assigned Mironovsky Khliboprodukt’s (MHP) five-year USD 250 mln Eurobond issue its final senior unsecured B rating and final recovery rating of RR4. According to Fitch, the agency decided to confirm its B rating after reviewing the final terms and conditions of MHP’s placement. Earlier this month MHP, one of Ukraine’s largest poultry producers, announced plans to place no less than a 20% stake on the London Stock Exchange in May or June of 2007.