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Tag Archives: BB-‘

Fitch Upgrades Georgia’s Sovereign Rating to ‘BB’

Fitch Ratings has upgraded Georgia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB’ from ‘BB-‘. The Outlook is Stable. KEY RATING DRIVERS The upgrade of Georgia’s IDRs reflects the following key rating drivers: The Georgian economy proved resilient to negative developments in 2018. Economic growth remained robust, the currency was …

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Fitch Revises Georgia’s Outlook to Stable; Affirms at ‘BB-‘

Fitch Revises Georgia's Outlook to Stable; Affirms at 'BB-'

Fitch Ratings-London-17 April 2015: Fitch Ratings has revised the Outlook on Georgia’s Long-term foreign and local currency Issuer Default Ratings (IDR) to Stable from Positive and affirmed the IDRs at ‘BB-‘. The issue ratings on Georgia’s senior unsecured foreign and local currency bonds have also been affirmed at ‘BB-‘. The …

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