Fitch Assigns Stabilus 'B' IDR; Proposed Senior Secured Notes 'B+(EXP)'

Newswire

(The following statement was released by the rating agency) FRANKFURT/LONDON, May 28 (Fitch) Fitch Ratings has assigned Servus Holdco S.a r.l. Luxembourg (Stabilus) a Long-term foreign currency Issuer Default Rating (IDR) of 'B'. The Rating Outlook is Stable. Fitch has also assigned expected ratings of 'B+(EXP)'/'RR3' to the proposed five-year senior secured notes of up to EUR315m to be issued by Servus Luxembourg Holding S.C.A. and guaranteed by Stabilus. The IDR factors in the changed ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×