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Geo Energy gets a downgrade from Fitch after bond tender offer

Company's operating profile has weakened significantly, says Fitch, with minimal safety margin for operations

Claudia Chong
Published Mon, May 25, 2020 · 09:50 PM

Singapore

FITCH Ratings has downgraded coal producer Geo Energy Resources Limited's long-term issuer default rating (IDR) to C from CC.

It has…

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