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Fitch rates ZKM Gdansk bonds BBB/A+(pol)
Fitch Ratings said it assigned Zaklad Komunikacji Miejskiej w Gdansku Sp. zoo's PLN 2.76 million tram revenue bond issue due Dec. 30, 2024 a long-term local-currency rating of BBB and national long-term rating of A+(pol) on Rating Watch negative.
The floating interest revenue bonds have been issued under a PLN 220 million tram revenue bond program.
Fitch also assigned ZKM Gdansk's PLN 5.14 million tram revenue bond issue due June 30, 2013 a long-term local-currency rating of BBB and national long-term rating of A+(pol) on watch. The floating interest revenue bonds have been issued under a PLN 73 million tram revenue bond program.
ZKM Gdansk is 100%-owned by the City of Gdansk (BBB+/stable).
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