S&P lowers outlook on Ferrexpo to negative and affirms B+/B rating
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Saturday, 28 Jul 2012
Ukrainian Journal reported that Standard & Poor's Ratings Services has revised its outlook on Ukraine based iron ore pellet producer Ferrexpo PLC to negative from stable.
The rating agency affirmed the company’s 'B+/B' long and short term corporate credit ratings on Ferrexpo and its 'B+' issue rating on the senior unsecured notes.
Source - Ukrainian Journal
(www.steelguru.com)
