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Published on 1/10/2020 in the Prospect News Emerging Markets Daily.

Fitch revises IHS view to negative

Fitch Ratings said it revised IHS Netherlands Holdco BV’s outlook to negative from stable while affirming the long-term issuer default rating at B+ and the senior unsecured rating at B+ with a recovery rating RR4.

The rating action follow the revision of the outlook on Nigeria’s long-term foreign-currency issuer default rating to negative from stable on Dec. 19.

Fitch’s assessment of IHS Netherlands’ fundamental credit considerations is unchanged.


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