Fitch confirms Sibur ratings at the level of BB+2, outlook is negative
Edited by Rhod Mackenzie / 2016-04-08 08:17:32
Bonds Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Sibur Russia Oil and Gas Production and Refining
International rating agency Fitch has affirmed the long-term issuer default rating of Sibur Holding at the level of BB +, the outlook is negative, and the short-term issuer default rating in foreign currency at the level of B, the agency reports.
The agency also assigned to ten-year bonds of Sibur Holding of the 10 Series to the amount of 10 billion rubles the rating of BB +. The rating of Eurobonds to the amount of $1billion maturing in 2018 remained at the level of BB +.
