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S&P: Eskom view now negative
Standard & Poor's said it revised its outlook on Eskom Holding SOC Ltd. to negative from stable and affirmed its BBB+ long-term foreign and local currency corporate credit ratings and ZaAA long-term South African national scale rating.
The rating actions on Eskom follow similar actions on the Republic of South Africa (foreign currency BBB+/negative/A-2; local currency A/negative/A-1) on March 28.
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