Fitch pulls SB Energy notes rating

Fitch Ratings said it withdrew the expected BB- with a stable outlook assigned to SB Energy Holdings Ltd.'s Restricted Group 1's proposed $600 million of notes due 2025. The expected rating was assigned on July 7.

“Fitch is withdrawing SBEH's expected rating as it is no longer expected to convert to a final rating. We do not expect SBEH RG1's forthcoming debt issuance to proceed as previously envisaged,” Fitch said in a press release.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.