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Egypt’s ratings affirmed at ‘B-’

: Sunday, June 29 - 2014 @ 02:18

Fitch Ratings has said it has affirmed Egypt’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘B-,’ with ‘Stable’ outlook, Reuters has reported. The issue ratings on Egypt’s senior unsecured foreign and local currency bonds have also been affirmed at ‘B-’. The Country Ceiling has been affirmed at ‘B-’ and the Short-term foreign currency IDR at ‘B’.

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Sunday, June 29- 2014 @ 2:18 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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