Fitch Rates Venezuela's Reopened Global Bond 'B+'

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Fitch Rates Venezuela's Reopened Global Bond 'B+'

Outlook remains stable

Fitch Ratings, the international rating agency, has today assigned a 'B+' rating to Venezuela's US$250 million retap of its 9.375% coupon global bond maturing in 2034.

Venezuela's long-term foreign currency sovereign rating is 'B+' and the long-term local currency rating is 'B+'. The Rating Outlook is Stable.

Contact: Morgan C. Harting +1-212-908-0820, or Therese Feng +1-212-908 0230, New York.

 

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