Fitch upgrades senior unsecured rating of Bulgaria's BEH to 'BB'
Fitch upgrades senior unsecured rating of Bulgaria's BEH to 'BB' Fitch (Author: fitchratings.com) License: all rights reserved. SOFIA (Bulgaria), May 10 (SeeNews) - Fitch Ratings said on Monday that it has upgraded Bulgarian Energy Holding's (BEH) senior unsecured rating to 'BB' from 'BB-' and assigned a Recovery Rating of 'RR4' to this debt class. Fitch also affirmed BEH's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BB' with a positive outlook, the ratings agency said in a statement. BEH's ratings have also been removed from Under Criteria Observ...