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Fitch Ratings has downgraded DTEK Renewables B.V.'s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to 'Restricted Default' (RD) from 'C', following the company's disclosure of the result of its tender offer. Fitch has simultaneously upgraded the IDRs to 'CC', reflecting DTEK Renewables' post-restructuring profile with continuing high default risk.
FirstRand Limited, Africa’s biggest bank by market capitalization, has written off more than half the value of its holdings of
Government has expressed its commitment to honour all maturing coupons which have already matured but could not be honoured on the due date.
Ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’ after
Fitch Warns Of Further Credit Downgrade