US EditionFitch Reinstates Coverage of OHLA with B- Rating, Highlighting Improvement in Financial Structure
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Read a quick summary generated by IA × Summary of the news: The international credit rating agency Fitch Ratings announced Monday the restoration of its coverage to OHLA, granting an upward review of its corporate rating. Specifically, it has assigned a rating of B- (with stable perspective) to Obrascon Huarte Lain, S.A. and B to OHL Transactions, S.A.U., a bond-issuing company. This fact constitutes a support to the financial discipline strateg…
OHLA, the builder of the Amodio brothers, has received a new valuation from Fitch Ratings, one of the world’s leading credit rating agencies. The company has assigned him a credit rating as a long-term debt issuer for B-, and B for OHL Transactions S.A.U., its bond-issuing subsidiary. Read more: ACS, Acciona, FCC and OHLA rise to 5 billion revenues in Spain The valuation of Fitch is key for companies, as it provides opinions on the ability of th…
Fitch reinstates coverage of OHLA with B- rating, highlighting improvement in financial structure
The Corner Intermoney | OHLA (OHLA) (Buy, Target Price €0.7/share) announced on Monday, after the market closed, that the rating agency Fitch has reinstated its coverage of the stock, assigning it a rating of B-. According to Europa Press, the agency highlights an improvement in the financial structure of the company, which has achieved a reduction in its debt, as well as an extension of the maturities of the remaining debt, a...
Fitch has restored its coverage of OHLA, assigning it a credit rating as a long-term debt issuer of ‘B-‘, with a ‘stable’ perspective, following an improvement in its financial structure and the ‘solid profile’ of its business. The agency notes that the Spanish construction company has continued with the reduction of debt and [...] The Fitch entry restores the rating of ‘B-‘ to OHLA after the improvement of its financial structure appears first …
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