30.10.2015, 00:32
Fitch Withdraws Braas Monier's Ratings
OREANDA-NEWS. October 30, 2015. Fitch Ratings has affirmed and withdrawn Luxembourg-based Braas Monier Building Group S.A.'s (Braas Monier) ratings, including its Long-term Issuer Default Rating at 'B'. A full list of rating actions is available at the end of this commentary.
KEY RATING DRIVERS
Fitch has chosen to withdraw the ratings of Braas Monier for commercial reasons.
RATING SENSITIVITIES
Not applicable.
FULL LIST OF RATING ACTIONS
Braas Monier Building Group S.A.
Long-term IDR: affirmed and withdrawn at 'B'
BMBG Bond Finance S.C.A.
Senior secured rating: affirmed and withdrawn at 'B+'/'RR3'
Monier Finance S.a r.l.
Senior secured rating: affirmed and withdrawn at 'B+'/'RR3'
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