TEXT-Fitch changes Rheinmetall's otlk to negative; afrms 'BBB'

Newswire

(The following statement was released by the ratings agency) June 26 - Fitch Ratings has today changed Germany-based Rheinmetall AG's (RM) Outlook to Negative from Stable and downgraded the Short-term IDR to 'F3' from 'F2'. The Long-term Issuer Default Rating (IDR) and senior unsecured rating have been affirmed at 'BBB'. Fitch has simultaneously withdrawn the ratings and will no longer provide rating or analytical coverage of RM. The Negative Outlook reflects Fitch's growing concerns ...

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