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Fitch downgrades Interpipe from B to B-

Fitch downgrades Interpipe from B to B-

22 December 2008

Fitch Ratings downgraded Interpipe long-term credit rating from B to B-. “Interpipe’s request to amend the covenants and expand the list of Permitted Indebtedness signals ongoing and increased negative pressure on the issuer’s credit profile”, according to Fitch.

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