Fitch: Polskie Koleje view stable

Fitch Ratings said it affirmed Polskie Koleje Panstwowe SA's long-term foreign currency issuer default rating at BBB and long-term local currency issuer default rating at BBB+.

The outlook was revised to stable from positive.

Fitch said the revision is due to delays in the privatization of several of Polskie Koleje's subsidiaries, the proceeds of which is one of the main sources of debt repayment in the coming years.

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