Fitch Assigns Cerberus's Notes Final 'B-' Rating

March 31, 2015 3:06 PM

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(The following statement was released by the rating agency) LONDON, March 31 (Fitch) Fitch Ratings has assigned Cerberus Nightingale 1 S.A.'s (Cerberus) EUR145m 8.25% senior notes due 2020 a final rating of 'B-' and a Recovery Rating of 'RR6'.

The rating on the EUR530m 7% senior secured notes due 2020 has also been affirmed at 'BB-'/'RR3'. The assignment of the final rating follows the completion of the Novescia acquisition and receipt of documents materially conforming to information previously received. The final rating is the same as t...

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