Fitch affirms Azerenerji at 'BB+'

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# 07:47
7 December 2016

Baku. Agshin Rafigoglu - APA-Economics. Fitch Ratings has affirmed Azerbaijan-based utilities company JSC Azerenerji's Long-term Issuer Default Rating (IDR) at 'BB+' and Short-term IDR at 'B'. The Outlook is Negative.

 

The affirmation of Azerenerji's ratings reflect continued strong links with the Republic of Azerbaijan (BB+/Negative), reflecting the company's strong legal, strategic and operational ties with the state.

 

 

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THE OPERATION IS BEING PERFORMED