BBB+ for Szczecin FITCH's rating for Szczecin

BBB+ for Szczecin FITCH's rating for Szczecin

Fitch Ratings has confirmed the international long-term Issuer Default Rating (IDR) for Szczecin concerning foreign and national currency debt at “BBB+”. The perspective for the ratings is stable.

Fitch has also affirmed the short-term IDR rating for foreign currency at "F2". Furthermore, Fitch has confirmed the national short-term rating at "AA-(pol)" with a stable perspective and the national short-term rating at "F2(pol)".
The release published by Fitch Ratings reads as follows:

The confirmation of the ratings reflects the unchanged base scenario applied by Fitch that Szczecin would maintain good operating results in the middle-term perspective. The ratings is also a reflection of prudent financial management, rationalised operating expenditures, beneficial debt ratios and a moderate debt level.