OREANDA-NEWS. Fitch Ratings has assigned Angola's USD1.5bn bond maturing in November 2025 a rating of 'B+'.

KEY RATING DRIVERS
The rating is in line with Angola's Long-term foreign currency Issuer Default Rating (IDR) of 'B+' with Stable Outlook.

RATING SENSITIVITIES
The bond's rating would be sensitive to any changes in Angola's Long-term foreign-currency IDR. In September 2015, Fitch downgraded Angola's Long-term foreign currency IDR to 'B+' with a Stable Outlook.