Fitch affirms Barloworld

Fitch Ratings said it affirmed Barloworld Ltd.'s national long-term rating at A+(zaf) and domestic medium-term note senior unsecured issue rating at A+(zaf) while the national short-term rating has also been affirmed at F1(zaf).

The outlook on the national long-term rating is stable.

Fitch noted that the affirmations are supported by Barloworld's credit metrics, which are underpinned by the positive recovery in the operating performance from core businesses in southern Africa.

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