United States

HRG Group Inc (HRG)

HRG on New York Consolidated

26 May 2017
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Thu, May 25 2017

Fitch Revises Rating Watch on HRG Group to Evolving from Negative

(The following statement was released by the rating agency) NEW YORK, May 25 (Fitch) Fitch Ratings has revised the Rating Watch on HRG Group, Inc.'s (HRG) 'B' Long-Term Issuer Default Rating (IDR) to Evolving from Negative. Fitch has also revised the Rating Watch on HRG's senior secured notes, rated 'BB-/RR2', and its senior unsecured notes, rated 'B/RR4', to Evolving from Negative. KEY RATING DRIVERS - IDRs and Senior Debt The revision to Evolving from Negative follows the announcement that a c

BRIEF-HRG Group reports qtrly loss per share $0.41

* HRG Group Inc qtrly loss per share $0.41 Source text for Eikon: Further company coverage:

BRIEF-HRG Group says CEO Omar Asali has informed company that he will resign

* HRG Group Inc says Joseph Steinberg, company's chairman, will assume additional position of chief executive officer

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