Headline Details

Fitch Affirms SES at 'BBB', Outlook Stable

Published on: Fri, 12 Dec 2014 9:44:54 UTC
News Agency: Reuters
Description:
(The following statement was released by the rating agency) LONDON, December 12 (Fitch) Fitch Ratings has affirmed Luxembourg-based satellite operator SES SA's Long-term Issuer Default Rating (IDR) at 'BBB' with a Stable Outlook and Short-term IDR at 'F2'. A full list of rating actions is below. The affirmation reflects the high stability and visibility of SES's revenue profile, supported by a strong position in a market with high entry barriers. Weakness from US government revenues is expe
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