#Fitch Revises #SolwayInvestment’s Outlook to Positive

#Fitch Ratings has revised #Swiss-based #SolwayInvestment Group’s Outlook to Positive from Stable, while affirming the company’s Long- and Short-Term Issuer Default Ratings (IDR) at ‘B-‘ and ‘B’, respectively. The Outlook revision reflects the mining company’s improved liquidity position, debt reduction and continuing ramp-up of key project #Fenix, which will secure higher absolute (and potentially more stable) operating cash-flows over the next three years.

Read more at: http://uk.reuters.com/article/idUKFit964828

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s