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Prospect News home > News index > List of issuers P > Headlines for PGE Polska Grupa Energetyczna SA > News item
Published on 8/12/2011 in the Prospect News Emerging Markets Daily.

Fitch affirms Poland's PGE

Fitch Ratings said it affirmed PGE Polska Grupa Energetyczna SA's long-term foreign and local currency issuer default ratings and foreign and local currency senior unsecured ratings at BBB+.

The outlooks are stable.

Fitch said the ratings reflect the PGE Group's vertically integrated operations. It dominates power generation in the Polish market (approximately 40% share in 2010) and has a strong position in electricity distribution and supply (approximately 26%).


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