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Fitch hikes British Airways certificate
Fitch Ratings said it upgraded British Airways plc’s pass-through certificates, series 2018-1 (BA EETC 2018-1) class A notes to A- from BBB+ and affirmed British Airways pass-through trust series 2013-1 (BA EETC 2013-1), British Airways pass-through certificates 2018-1 (BA EETC 2018-1) class AA certificates and British Airways pass-through certificates, series 2020-1 (BA EETC 2020-1) class A and B certificates.
The higher rating reflects the upgrade of British Airways’ issuer default rating, the agency said.
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