
No changes in Katowice rating by Fitch
Fitch Ratings has affirmed the City of Katowice’s long-term foreign and local currency Issuer Default Ratings (IDR) at „A-”. Fitch has also affirmed the city’s national long-term rating at „AA+(pol)”. The outlooks are stable.
The affirmation reflects Katowice’s sound operating performance, which the agency expects to be maintained in the medium term. The ratings also factor in their expectations that the City’s direct debt will …