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Fitch affirms Enda Tamweel
Fitch Ratings said it affirmed Enda Tamweel SA's national long- and short-term ratings at BBB-(tun) and F3(tun), respectively.
The outlook is stable.
Fitch withdrew the BBB-(tun) expected ratings on Enda's proposed senior debt issue as it has been taken private.
“The ratings of Enda are driven by its standalone financial profile and its funding profile has a high influence on the ratings,” the agency said in a news release.
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