by Amruth Sundarkumar | Feb 24, 2023 | Credit Ratings, Distressed / Defaulted Bonds
DTEK Renewables was downgraded to C from CC by Fitch following the tender offer on its 8.5% green bonds due 2024 that the rating agency considers as a distressed debt exchange (DDE). Fitch notes that the tender offer will be executed well below par and is among...
