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Published on 3/1/2017 in the Prospect News Emerging Markets Daily.

Fitch rates Kuwait notes AA

Fitch Ratings said it assigned an expected AA rating to Kuwait's senior unsecured notes to be issued under the country's upcoming global medium-term note program.

The rating is in line with Kuwait's long-term foreign-currency issuer default rating, which was affirmed at AA with a stable outlook in November 2016.

The rating of the bonds is sensitive to changes in that rating, Fitch said.


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