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Prospect News home > News index > List of issuers G > Headlines for Golden Energy and Resources Ltd. > News item |
Fitch assigns Golden Energy notes B+
Fitch Ratings said it assigned a B+ rating to Golden Energy and Resources Ltd.'s proposed dollar-denominated senior notes.
“The proposed notes are rated at the same level as GEAR's issuer default rating (IDR). GEAR plans to use the proceeds from the proposed notes to repay all or the majority of existing debt at the holding company level,” Fitch said in a press release.
The outlook is stable.
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