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Published on 12/1/2015 in the Prospect News Emerging Markets Daily.

Fitch: Macedonia eurobond BB+

Fitch Ratings said it assigned a BB+ rating to Macedonia’s €270 million eurobond issuance due Dec. 1, 2020 with a coupon of 4 7/8%.

The rating is in line with Macedonia’s long-term foreign-currency issuer default rating of BB+ with a negative outlook.

The rating is sensitive to any changes in Macedonia’s long-term foreign-currency issuer default rating, Fitch said.


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