OREANDA-NEWS. Fitch Ratings has withdrawn Tonon Bioenergia S.A.'s (Tonon) 'D' foreign and local currency long-term Issuer Default Ratings (IDRs) and the ratings on Tonon Luxembourg S.A.'s (Tonon Luxembourg) associated debts. Tonon Luxembourg is a fully-owned subsidiary of Tonon and the issuer of Tonon's debts.

KEY RATING DRIVERS

Fitch has withdrawn the ratings due to lack of updated information following the company's filing for bankruptcy protection on Dec. 9, 2015.

RATING SENSITIVITIES

Fitch will no longer provide ratings or analytical coverage for the corporate and debt instruments.

FULL LIST OF RATING ACTIONS

Fitch has withdrawn the following ratings:

Tonon Bioenergia S.A.
--Foreign and local currency long-term IDRs 'D'.

Tonon Luxembourg S.A.
--USD289 million senior unsecured notes, due 2020, 'C/RR4';
--USD11 million senior unsecured notes, due 2020, 'C/RR4';
--USD230 million senior secured notes, due 2024, 'C/RR4'.