10
Apr
14:41
Fitch affirms Metinvest pending expected debt restructuring agreement
Fitch has affirmed Metinvest’s Long-term Issuer Default Rating (IDR) at 'RD' (Restricted Default) pending the outcome of negotiations between the producer and its creditors on a debt restructuring plan.
The current arrangement provides for a moratorium on creditors taking enforcement action before 27 May. “While we understand from management that the broad parameters of a restructuring plan have been agreed with creditors there is no certaint…
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Anonymous
Very good overview of the weekly steel market.
Anonymous