Fitch downgrades Nestle issuer-default rating to AA- with stable outlook
Businessam Staff
June 30, 2017
Fitch Ratings has downgraded Nestle SA’s (Nestle) long-term issuer default ratings (IDR) and senior unsecured ratings to
Fitch assigns final ‘B’ rating to UBA $500m notes
Niyi JacobsJune 8, 2017
Fitch Ratings has assigned United Bank for Africa Plc’s $500 million 7.75% senior unsecured notes maturing 8 June 2022 a final
Forex liquidity eases trade financing pressures on Nigerian banks
Businessam StaffJune 7, 2017
The Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) mechanism, commonly referred to as the “Investors’ and
South Africa avoids a second Fitch cut as rating affirmed
Businessam StaffJune 1, 2017
South Africa avoided a second downgrade in two months from Fitch Ratings Ltd. as the company left its assessment of the nation’s debt