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Prospect News home > News index > List of issuers O > Headlines for ORIX Corp. > News item |
Fitch revises ORIX view to negative
Fitch Ratings said it revised the outlook on ORIX Corp.'s long-term foreign-currency issuer default rating (idr) to negative from stable and affirmed the rating at A-.
The outlook revision reflects heightened uncertainty in the global economy arising from the Covid-19 outbreak and the associated pressure on the company's asset quality, profitability and capitalization.
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