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Fitch downgrades Future Retail's IDR to C on missed coupon
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): Fitch Ratings has downgraded Future Retail's long-term issuer default rating and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 to C from CCC-plus with the recovery rating remaining at RR4.
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