Very interesting tale suspected remembrance xalatan manufacturer coupon supermarket Fitch has assigned an expected rating of 'BB-(EXP)'/'R2(EXP)' to the EUR440m senior secured Term Loan B and a 'CCC (EXP)'/'R6(EXP)' to the EUR200m senior notes. In its recovery analysis, Fitch adopted the going concern value of the company, as the resultant enterprise value is higher than the liquidation enterprise value. Under the going concern approach, Fitch believes that an EBITDA discount of 25% on December 2012 EBITDA and a 5x EV multiple are deemed fair in a distressed case.