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Published on 5/3/2013 in the Prospect News Emerging Markets Daily.

Fitch rates Slovenia bond A-

Fitch Ratings said it has assigned the Republic of Slovenia's $2.5 billion bond due May 10, 2023 and its $1 billion of bonds due May 2018 a rating of A-.

The 10-year bond has a coupon of 5.85%, whereas the five-year bond has a coupon of 4.75%, the agency stated.

The rating is in line with Slovenia's long-term foreign currency issuer default rating of A-, which has a negative outlook, Fitch said.

Fitch continues to monitor the implementation by the government of an effective strategy to stabilize the banking sector, as well as fiscal and economic performance, the agency noted.


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