ECONOMY


Fitch affirms Azerbaijan's Southern Gas Corridor CJSC's notes at 'BB+'

Baku, March 16, AZERTAC

Fitch Ratings has affirmed Azerbaijan`s Southern Gas Corridor CJSC's (SGC) senior unsecured Eurobonds' long-term foreign currency rating at 'BB+'.

The affirmation reflects Fitch's unchanged view on SGC's USD2 billion Eurobonds maturing in 2026 fully guaranteed by the Republic of Azerbaijan (BB+/Stable).

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