Fitch affirms Evraz at ‘BB-‘; off watch negative

Fitch Ratings has affirmed Russia-based Evraz Group’s and holding company Evraz plc’s long-term issuer default ratings at ‘BB-‘.

Evraz’s 82% owned-subsidiary and Russian coal company OAO Raspadskaya has also been affirmed at long-term IDR ‘B+’.

All ratings have been removed from rating watch negative (RWN), where they were placed on 24 March.

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