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Published on 3/4/2022 in the Prospect News Emerging Markets Daily.

Fitch cuts GTLK

Fitch Ratings said it cut its ratings for JSC GTLK, GTLK Europe Capital DAC and GTLK Europe DAC to B from BB+ and placed them on rating watch negative.

“The rating actions follow the downgrade of Russia's sovereign ratings and revision of the country ceiling,” Fitch said in a press release.

The outlook is stable.


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