TEXT-Fitch 50 Europe' published; detailed profiles of top 50 HY/crossover names

Mon Dec 10, 2012 9:55am EST

Featured issuers across a full range of sectors include: Peugeot SA, Renault SA , Fiat SpA, Jaguar Land Rover PLC, Continental AG, Schaeffler AG; Lafarge SA, HeidelbergCement AG, UPM-Kymmene Oyj, Stora Enso Oyj , Smurfit Kappa Group plc ; Fresenius SE & Co. KGaA, Phoenix Pharmahandel GmbH & Co. KG, Four Seasons Healthcare (Jersey) Holdings, Priory Group, Labco SA; Virgin Media Inc., Cableuropa SA, Unitymedia KabelBW GmbH, TVN SA , Ziggo NV, Sunrise Communications Holdings SA, Telenet NV, and Wind Telecomunicazioni SpA.

The Fitch 50 Europe also incorporates emerging market constituents, including OAO Severstal , Evraz Group SA, Metinvest BV, OJSC Alrosa, OJSC Mobile TeleSystems, and Afren plc, as well as cross-over names with split 'BBB-'/'BB+' ratings across the three major rating agencies, including ThyssenKrupp AG and Daily Mail and General Trust plc.

The 'Fitch 50 Europe: Profiles for 50 of the Largest European High-Yield and Crossover Issuers' is available at www.fitchratings.com.

For availability of hard copies of the 205-page report, investors registered with Fitch's High Yield initiative should contact Sabih Hussain at sabih.hussain@fitchratings.com.

Link to Fitch Ratings' Report: Fitch 50 Europe


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Comments (3)
haddin wrote:
‘Fitch 50 Europe’ is a good document where one can find comprehensive information about the giant companies. I am an follower of auto industry. I will read it for information on car makers Peugeot SA, Renault SA , Fiat SpA, Jaguar Land Rover PLC, as well as parts makers Continental AG and Schaeffler AG.

Dec 10, 2012 12:16pm EST  --  Report as abuse
pppjnsn wrote:
Having just been reading this morning about yet another closure – this time in Germany – by GM at their Boshum factory – I found the Fitch 50 Europe report very encouraging. Two in particulat that I follow are The Schaeffler Group and Continental AG. Both companies have been investing wisely in expansion plans and R&D and are staying well ahead of their competitors in many aspects of their industry. Also it should be noted that under the leadership of the formidable Maria-Elisabeth Schaeffler – the comapny despite it’s size and being a major shareholder in Coontinental – remains a family owned business.

Dec 11, 2012 4:58am EST  --  Report as abuse
pip1306 wrote:
I would be curious what the report says about the German technology companies. In the media companies like Schaeffler are portrayed much worse as they actually are. Their revenues are growing and investments are made to sustain growth. I wonder how the report will deal with these issues.

Dec 16, 2012 10:40am EST  --  Report as abuse
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