Fitch assigns Lotte Shopping a foreign-currency senior unsecured 'A-' rating
Fitch Ratings has assigned Lotte Shopping Co Ltd, a leading South Korean retailer, a foreign-currency senior unsecured 'A-' rating.
The ratings agency has also assigned Lotte's proposed senior unsecured USD notes an expected rating of 'A-(exp)', according to a Reuters report. Lotte Shopping's shares dropped 1.4% yesterday.
Selected Duty Free daily share price movements (% change): 29-Mar-2011