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Prospect News home > News index > List of issuers 1 > Headlines for 10 equally weighted commodity indexes > News item
Published on 4/12/2024 in the Prospect News High Yield Daily.

Fitch places Canary Wharf on watch

Fitch Ratings said it placed Canary Wharf Group Investment Holdings plc's BB long-term issuer default rating and BB+ senior secured rating on rating watch negative.

The RWN reflects the short-term refinance risk of the company’s £350 million pooled portfolio bond due in April 2025, the agency said.

Fitch said it expects to resolve the RWN within six months when Canary Wharf details tangible actions to meet its April 2025 bond maturity and explains the use of its available liquidity resources for the year.


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