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Fitch lifts Super Group
Fitch Ratings said it upgraded Super Group Ltd.'s national long-term rating and national senior unsecured ratings to BBB-(zaf) from BB+(zaf).
At the same time, Super Group's national short-term rating was upgraded to F3(zaf) from B(zaf), the agency said.
The outlook on the long-term rating is stable.
The upgrade is driven by a stabilization and evident improvement in the group's business and financial profile over the past 18 months, the agency stated.
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