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Fitch Rates Nigeria’s Upcoming USD Notes ”B (EXP)”

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Fitch Ratings has assigned Nigeria’s upcoming senior unsecured USD-denominated notes an expected rating of ‘B+(EXP)’. The assignment of the final ratings is contingent on the receipt of final documents materially conforming to information already reviewed. Key Rating Drivers The expected rating is in line with Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘B+’ with ...

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