As a subsidiary of the two companies (NLMK and Duferco) rated BB according to the Commission's estimates, and taking into account the particularly difficult macroeconomic context of 2009 in the steel sector, the Commission takes the view that SIF's rating could prudently and reasonably be classified as BB.
Il ressort de ce qui précède que l'investissement ne peut être considéré comme pari passu et conforme au principe de l'investisseur privé en économie de marché.