Fitch Affirms Mizzen Mezzco at 'B+'; Mizzen Bondco's GBP200m Senior Bond at 'B-'/'RR6'

April 14, 2015 2:45 PM

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(The following statement was released by the rating agency) LONDON, April 14 (Fitch) Fitch Ratings has affirmed Mizzen Mezzco Limited UK's (MML) Long-term Issuer Default Rating (IDR) 'B+'.

The Outlook on the Long-term IDR is Stable. The long-term rating of the GBP200m senior notes issued by its indirect 100%-held subsidiary, Mizzen Bondco Limited, is affirmed at 'B-'/'RR6'. KEY RATING DRIVERS - IDR MML, a holding company, is the ultimate 100%-parent of Premium Credit Limited (PCL), a ...

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