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Published on 10/27/2010 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Fitch rates MB currency BB, notes BB-

Fitch Ratings said it assigned MB Holding Co. LLC and its wholly owned subsidiary, MB Petroleum Services LLC, long-term foreign currency issuer default ratings of BB-.

The ratings are on rating watch negative.

Fitch said it has also assigned MB Finance Co.'s upcoming notes issue an expected foreign currency senior unsecured rating of BB-.

The agency said that MB Holding's liquidity is constrained following the exercise of a call option to purchase the remaining 49% of Century in June.


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