Fitch revises DME to stable

Fitch Ratings said it revised DME Ltd.'s outlook to stable from negative and affirmed the long-term issuer default rating at BB+.

The agency also revised the outlook on the $300 million loan participation notes due 2018 and $350 million loan participation notes due 2021 issued by DME Airport DAC to stable from negative and affirmed the ratings at BB+.

Fitch said the outlook change reflects its opinion that the recovery in traffic following the end of the recession in Russia is underway.

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