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Published on 6/22/2020 in the Prospect News Emerging Markets Daily.

Fitch rates VTR notes BB-, BB+

Fitch Ratings said it assigned a BB-/RR4 rating to VTR Finance NV’s $550 million of senior notes and a BB+/RR2 rating to VTR Comunicaciones SpA’s $600 million of senior secured notes.

Proceeds and the close-out of FX swaps will be used to refinance notes.

Fitch also affirmed the company's $1.26 billion of senior secured notes due 2024 at BB- and the revolving credit facility of VTR Comunicaciones at BB+/RR2.


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