#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

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