08.03.2023
FITCH RATINGS MAINTAINS EUROTORG’S CREDIT RATING
Eurotorg LLC (“Eurotorg” or the “Company”), the largest grocery retailer in Belarus, announces that on 8 March 2023 international ratings agency Fitch Ratings ("Fitch" or the "Agency") has maintained the Company’s Long-Term Issuer Default Rating of ‘B–’ with Negative Outlook.
The Agency presumes that Eurotorg’s access to payment infrastructure to service its foreign currency liabilities remains at risk.
The full Fitch announcement can be found here.