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Prospect News home > News index > List of issuers F > Headlines for Farfetch US Holdings Inc. > News item
Published on 2/5/2024 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News Distressed Debt Daily.

Fitch cuts, then withdraws Farfetch

Fitch Ratings said it downgraded Farfetch Ltd.'s long-term issuer default rating to D from CC and withdrew it.

“The downgrade reflects the sale of its business through a pre-pack administration process and its plan for liquidation,” Fitch said in a press release.

The agency, however, said it affirmed the CCC-/RR4 (43%) ratings on Farfetch US Holdings, Inc.’s $600 million term loan due 2027.


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