Friday, July 29, 2016

Fitch Upgrades Fresenius to 'BBB-'; Outlook Stable

(The following statement was released by the rating agency)

FRANKFURT/BARCELONA/LONDON, July 29 (Fitch) Fitch Ratings has

upgraded Fresenius

Medical Care AG & Co. KGaA's (FMC) and Fresenius SE & Co. KGaA's

(FSE; together

Fresenius) Long-Term Issuer Default Ratings to 'BBB-' from

'BB+'. The Outlooks

are Stable. Fitch has also upgraded the Short-Term IDR to 'F3'

from 'B'. A full

list of rating actions is below.

The upgrade reflects Fresenius' improving business risk profile,

driven by its

inc

Read more

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