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                        THURSDAY, NOVEMBER 15, 2018
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Fitch assigns Kondor Finances debt 'B-' rating, output stable
Journal Staff Report

Fitch Ratings has assigned Kondor Finance plc's proposed loan participation notes (LPNs) an expected senior unsecured 'B-(EXP)' rating and Recovery Rating (RR) of 'RR4.' According to Fitch, the LPNs will be issued by Kondor Finance (the U.K.) on a limited recourse basis for the sole purpose of funding a loan to Naftogaz of Ukraine (Naftogaz, B-/Stable).





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