Solway Group :: FITCH REVISES SOLWAY INVESTMENT`S OUTLOOK TO POSITIVE FROM STABLE
2:49pm on Tuesday 21st June 2016
FITCH REVISES SOLWAY INVESTMENT`S OUTLOOK TO POSITIVE FROM STABLE

Fitch Ratings has revised Swiss-based Solway Investment Group's Outlook to Positive from Stable, while affirming the company's Long- and Short-Term Issuer Default Ratings (IDR) at 'B-' and 'B', respectively.
The Outlook revision reflects the company's improved liquidity position, debt reduction and continuing ramp-up of key project Fenix, which will secure higher absolute (and potentially more stable) operating cash-flows over the next three years.