OREANDA-NEWS. Fitch Ratings has assigned Romania's EUR2bn dual-tranche eurobond issuance, under the country's global medium term note (GMTN) programme, a 'BBB-' rating. The first tranche of EUR1.25bn matures on 29 October 2025 and has a coupon of 2.75%. The second tranche of EUR750m matures on 29 October 2035 and has a coupon of 3.875%.

KEY RATING DRIVERS
The ratings are in line with Romania's Long-term foreign currency Issuer Default Rating (IDR) of 'BBB-', which has a Stable Outlook.

RATING SENSITIVITIES
The ratings would be sensitive to changes in Romania's Long-term foreign currency IDR. On 21 August 2015, Fitch affirmed Romania's Long-term foreign currency IDR at 'BBB-' with a Stable Outlook.