Fitch gives BGK’s upcoming €500 mln bond issue an A- rating

Fitch Ratings has assigned Bank Gospodarstwa Krajowego’s (BGK) planned debut issue of up to €500 million in state-guaranteed senior eurobonds an expected long-term foreign currency rating of A-, Fitch said. “The notes’ rating is in line with the ‘A-‘ Long-term foreign-currency Issuer Default Rating (IDR) of the Republic of Poland. This reflects the unconditional and…

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