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Prospect News home > News index > List of issuers N > Headlines for Namibia Water Corp. Ltd. > News item
Published on 4/12/2019 in the Prospect News Emerging Markets Daily.

Fitch affirms NamWater

Fitch Ratings said it affirmed Namibia Water Corp. Ltd.'s (NamWater) long-term foreign and local currency issuer default ratings at BB+.

The outlooks are negative.

The agency said the ratings and outlooks of NamWater remain constrained by the ratings of Namibia (BB+/negative), its sole shareholder, under Fitch's criteria.

“We do not envisage NamWater being rated higher than the sovereign, given the strong legal and operational linkages,” the agency said in a news release.


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