Fitch Ratings affirms Azerbaijan at "BB+" (LT Int. Scale (local curr.) credit rating); outlook negative

August 07, 2017 - CBonds

 

Fitch Ratings affirmed the "BB+" LT Int. Scale (local curr.) credit rating of Azerbaijan on August 4, 2017. The outlook is negative.
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Issuer: Azerbaijan
Issuer profile:

Azerbaijan is a transcontinental country in the Caucasus region, situated at the crossroads of Eastern Europe and Western Asia.

Azerbaijan has the largest agricultural basin in the region... more

Outstanding issues:
2 issuesUSD1,255,000,000
33 issuesAZN458,964,800
Issuer rating:
Organisation for Economic Co-operation and Development (OECD)5/Country Risk Classifications06/24/2016
Moody's Investors ServiceBa2/StableLT- foreign currency08/18/2017
Moody's Investors ServiceBa2/StableLT- local currency08/18/2017
S&P Global RatingsBB+/NegativeForeign Currency LT07/29/2016
S&P Global RatingsBB+/NegativeLocal Currency LT07/29/2016
Fitch RatingsBB+/NegativeLT Int. Scale (foreign curr.)08/04/2017
Fitch RatingsBB+/NegativeLT Int. Scale (local curr.)08/04/2017
Rating Agency RAEX (Expert RA)Withdrawn/Foriegn curr. scale07/04/2016
Rating Agency RAEX (Expert RA)Withdrawn/Local curr. scale07/04/2016
National Rating AgencyiBB+/StableGlobal scale10/04/2016
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