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Article: Fitch Withdraws Ratings for Valhi Inc.; Affirms 'CCC' for Kronos International Inc.
- Article from:
- Telecommunications Weekly
- Article date:
- October 7, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fitch Ratings has withdrawn the 'CCC/RR4' rating on Valhi, Inc.'s (NYSE: VHI) $85 million senior secured revolving credit facility at the company's request given that the company has terminated the facility. Fitch did not rate any other debt issued by Valhi and therefore withdraws the Issuer Default Rating (IDR) of 'CCC'.
Valhi is a holding company with direct and indirect ownership stakes in NL Industries, Inc., Kronos Worldwide, Inc.(NYSE: KRO), CompX International, Inc. (manufacturer of component products) and Waste Control Specialists (provider of hazardous waste disposal ...
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Article: ECNext Announces New Corporate Name.
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