15/02/2018
Press release: EuroChem Group requests Fitch withdraw subsidiary’s credit rating
Zug, Switzerland, February 15, 2018 – EuroChem Group AG, a leading global fertilizer company, has requested Fitch Ratings withdraw the credit rating of its Russian subsidiary JSC MCC EuroChem.
The withdrawal, effective immediately, does not affect EuroChem Group AG itself, which continues to be rated by Fitch as ‘BB’ with a Negative Outlook. The move will consolidate the ratings for both EuroChem Group AG and its Russian subsidiary at the Group level.
The full text of the Fitch Ratings statement can be found on the agency’s website.
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