Fitch affirms SIBUR’s “BB+”, the estimates - stable
Edited by Rhod Mackenzie / 2014-02-25 05:58:37
The international ratings agency Fitch has affirmed the long-term issuer default rating (IDR) of SIBUR Petrochemical Corp. “BB+” with stable estimates, press release from the agency states.
Short-term IDR is affirmed at “B”. "The rating action follows the announcement of the intention to buy out the JV "Yugragazpererabotka" shares from "Rosneft" bringing their own ownership to 100%", - Fitch states.
