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Business    

Fitch affirms Interpipe 'RD' long-term issuer default rating
Journal Staff Report

KIEV, Nov. 5 - Fitch Ratings has affirmed Ukraine-based Interpipe Limited's Long-term Issuer Default Rating at 'RD' (Restricted Default).

The senior secured rating of the company's 2017 eurobonds is affirmed at 'C'.

The bond's Recovery Rating is 'RR4'. The Recovery Rating could be revised lower if the conflict in Ukraine worsens in coming months.




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