S&P affirms Agence Francaise de Developpement

S&P said it affirmed its AA long-term and A-1+ short-term issuer credit ratings on Agence Francaise de Developpement.

The outlook is stable.

The agency said it equalizes its ratings on Agence Francaise de Developpement with those on France because, based on a view of its critical role for and integral link with the French government, S&P considers that there is an almost certain likelihood that the government would provide timely and sufficient extraordinary support in the event of financial distress.

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