Analyst Research

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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Directors Deals Ltd.
Provider: Wright Reports

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Fitch Ratings Assigns Ei Towers SpA's a BBB Long-Term Issuer Default Rating With Stable Outlook

Wednesday, 10 Apr 2013 12:09pm EDT 

Ei Towers SpA announced that Fitch Ratings has assigned Ei Towers SpA (EIT) a Long-term Issuer Default Rating (IDR) of BBB with a Stable Outlook. The rating agency also assigned a BBB(EXP) senior unsecured rating to EIT’s planned bond issuance of up to EUR 250 million. The rating is motivated by the Company’s visible, non-cyclical and inflation linked revenue streams. These are underpinned by long-term contracts to rent space on its towers for radio and TV broadcast and telecoms transmission equipment. 

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15 Sep 2014