15.09.2015, 01:17
Fitch Withdraws Nigeria's Rivers State Ratings
OREANDA-NEWS. September 15, 2015. Fitch Ratings has withdrawn Nigeria's Rivers State's Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'BB-', with Negative and Stable Outlooks respectively, and its National Long-term rating of 'AA-(nga)', with Stable Outlook.
KEY RATING DRIVERS
Fitch has decided to discontinue the rating of Rivers State, due to lack of information. All ratings have subsequently been withdrawn. As a result Fitch will no longer provide ratings or analytical coverage on the issuer.
RATING SENSITIVITIES
Not applicable
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