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Metinvest’s expected Eurobond rated ‘B-/RR4’ by Fitch

Metinvest’s expected Eurobond rated ‘B-/RR4’ by Fitch

27 April 2010

Fitch Ratings announced yesterday that it assigned Metinvest’s proposed issuance of notes an expected senior unsecured rating of ‘B-’ and a recovery rating of ‘RR4’. Metinvest is the holding company for the metals & mining assets of System Capital Management, Ukraine’s largest company. Metinvest plans to issue USD 0.7-1 bln in Eurobonds.

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