Fitch affirms Ostrow

Fitch Ratings said it affirmed the Polish Municipality of Ostrow Wielkopolski's national long-term rating at A-(pol) with stable outlook.

The rating reflects Ostrow's solid operating performance, which Fitch said it expects to remain healthy in the medium term, prudent financial management and conservative debt policy.

The rating also factor in the moderate debt level, low pressure on debt growth and strong debt service and debt coverage ratios, the agency noted.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.