Ferrexpo PLC (FXPO.L)
20 May 2013
|Market Cap (Mil.):||£1,124.51|
|Shares Outstanding (Mil.):||588.62|
Jan 30 - Fitch Ratings has assigned Ferrexpo Finance plc's proposed issue of USD500m five-year guaranteed notes an expected foreign currency senior unsecured rating of 'B(exp)'. Ferrexpo plc's (Ferrexpo) Long-term Issuer Default Rating (IDR) and its Short-term IDR are both 'B'. The Outlook on the Long-term IDR is Stable.
-- On Dec. 7, 2012, we lowered our sovereign rating and transfer and convertibility (T&C) assessment on Ukraine to 'B'; the rating has a negative outlook.