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Fitch affirms ZKM Gdansk
Fitch Ratings said it affirmed Zaklad Komunikacji Miejskiej w Gdansku Sp zoo's (ZKM Gdansk) long-term local-currency rating at BBB-, national long-term rating at A(pol), its 220 million in Polish zloty tram and 60 million in Polish zloty bus revenue bond programs' long-term local-currency ratings at BBB and national long-term rating at A+(pol).
The outlook is stable.
The affirmations reflect the strong links between the company and the city of Gdansk, which is the 100% owner of ZKM Gdansk, Fitch said.
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