NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Rating (IDR) of Teck Resources Limited (Teck; NYSE: TCK; TSE: TCKb) at 'BBB-' along with Teck's outstanding debt. About C$9.1 billion in debt and US$4.2 billion in senior unsecured credit facilities are affected by these rating actions. The Rating Outlook has been revised to Negative from Stable. With the slowdown in China, Fitch believes there is an elevated risk that metal and metallurgical coal prices will be lower for
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