OREANDA-NEWS. Fitch Ratings has affirmed and then withdrawn the following ratings:

Industrias Metalurgicas Pescarmona S.A.I.C. y F.
--Long-term Issuer Default Rating (IDR) at 'D';
--Local currency IDR at 'D'.

WPE International Cooperatief U.A. (WPEI)
--Long-term IDR at 'D';
--Local currency IDR at 'D';
--USD390 million 10.375% senior unsecured notes due September 2020 and issued by WPEI at 'C/RR4'.

Venti S.A.
--Long-term IDR at 'D';
--Local currency IDR at 'D'.

KEY RATING DRIVERS
The ratings have been withdrawn after a 30-day notification period following the issuer's default. On April 30, 2015 Fitch notified the market it would be withdrawing the ratings on or about May 30, 2015.

RATING SENSITIVITIES
Fitch's last rating action on Venti and its various subsidiaries occurred on April 30, 2015, and the ratings are being withdrawn.