Fitch Upgrades Rating for Slovenia

People ♦ Published: May 2, 2014; 11:51 ♦ (Vindobona)

Fitch Ratings has revised the Outlook on Slovenia's Long-term foreign and local currency Issuer Default Ratings (IDR) to Stable from Negative and affirmed the IDRs at 'BBB+'.

Slovenia was downgraded by Fitch. / Picture: © Fitch

The issue ratings on Slovenia's senior unsecured foreign and local currency bonds have also been affirmed at 'BBB+'. The Country Ceiling has been affirmed at 'AA+' and the Short-term foreign currency IDR at 'F2'.

KEY RATING DRIVERS

The revision of the Outlook on Slovenia's IDRs to Stable reflects the following key rating drivers and their relative…