Fitch keeps Slovensky Plynarensky Priemysel on watch

Fitch Ratings said it has maintained Slovensky Plynarensky Priemysel as' long-term foreign and local currency issuer default ratings of A- on rating watch negative.

The ratings were initially placed on watch in December 2012.

Fitch said it will resolve the watch once Slovensky Plynarensky Priemysel's reorganization is completed. The transaction will be likely completed in 1H14 subject to certain conditions and formal approval by the board and general meeting of shareholders.

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