Fitch assigns Parex banka bond BB+

Fitch Ratings said it assigned Parex banka's forthcoming eurobond issue an expected BB+ rating.

The company is rated long-term BB+ with a stable outlook, short-term B, individual C/D and support 3, Fitch said.

Fitch said the €100 million notes are to rank pari passu among themselves and at least pari passu with all other present and future unsecured obligations of Parex banka.

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