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Alias Born | 01/29/2015 |
Tuesday, November 10, 2015 11:37:02 AM
Fitch Ratings on Monday put a negative credit watch on four classes of Samarco debt. The ratings agency cited concerns about lower iron-ore production following the accident, as well as the potential for the company to be hit with regulatory, legal or environmental penalties. If "the cause of the breach was due to a technical error, the penalties could be more punitive," Fitch said.
http://ih.advfn.com/p.php?pid=nmona&article=69235500
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