Fitch affirms OCP at 'BBB-'; outlook stable

摘要

London—Rating agency Fitch Ratings this week affirmed OCP SA's long-term issuer default rating (IDR) and senior unsecured rating at "BBB-". The outlook on the long-term IDR is "stable." Fitch noted that the majority of the 2008-2017 phase of the group's investment program is now complete, including the phosphate slurry pipeline, the expansion of mine capacity, beneficiation and granulation plants, and the expansion of port infrastructure.