logo
Share SHARE
FONT-SIZE Plus   Neg

Fitch Ratings Upgrades Kronos International's IDR To 'B+' - Quick Facts

Fitch Ratings said that it has upgraded Kronos International Inc.'s Issuer Default Rating or IDR to 'B+' from 'B'. The Rating Outlook is Stable.

Fitch Ratings said also upgraded Kronos International Inc.'s Senior secured revolving credit facility to 'BB+/RR1' from 'BB/RR1'; Senior secured notes to 'BB-/RR3' from 'B/RR4'.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Fast food giant McDonald's Corp. (MCD) on Monday reported a 1 percent decline in profit for the fourth quarter from last year on lower revenues due to the impact of refranchising. However, both revenue and earnings per share beat analysts' expectations. The Oak Brook, Illinois-based hamburger chain... U.S. authorities are investigating Yahoo Inc. for not disclosing the two massive data breaches sooner to investors, the Wall Street Journal reported, citing people familiar with the matter. It is expected that such a move could help clarify the timeline for companies to reveal such hacks. HSBC is reportedly laying off about 100 of its senior investment bankers worldwide, as the banking giant strives to curb operating costs. According to reports, the London-headquartered bank will eliminate managing director and director level employees at the Global Banking and Markets division, as...
comments powered by Disqus
Follow RTT