Fitch rates Wroclaw BBB+

Fitch Ratings said it assigned BBB+ long-term foreign- and local-currency ratings to the Polish City of Wroclaw.

The outlook is stable.

The agency said the ratings are supported by Wroclaw's efficient management, wealthy local economy, high attractiveness to investors, satisfactory operating performance, high liquidity and declining debt during the last two years.

The ratings are constrained by a projected increase in debt and higher debt-servicing requirements for 2007-2013 due to an ambitious investment program, Fitch said.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.