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Published on 9/3/2020 in the Prospect News Emerging Markets Daily.

Fitch rates Borets notes BB-

Fitch Ratings said it assigned Borets Finance DAC’s upcoming euro-denominated bond an expected senior unsecured rating of BB-.

Borets Finance is a wholly owned subsidiary of Borets International Ltd., which will guarantee the notes. The notes will rank pari passu with all of Borets’ other unsubordinated and unsecured debt.


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