Fitch: sound liquidity and strong debt ratios of Katowice

January 25, 2017 Katowice the City 0

Fitch Ratings has affirmed the Katowice’s long-term foreign and local currency Issuer Default Ratings (IDR) at „A-”. Fitch has also affirmed the city’s national long-term rating at „AA+(pol)”. The outlooks are stable.

The affirmation reflects Katowice’s sound liquidity and strong debt ratios, which we expect to be maintained over the medium term.

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Fitch rated Katowice

July 26, 2016 Katowice the City 0

Fitch Ratings has affirmed the Katowice’s long-term foreign and local currency Issuer Default Ratings (IDR) at „A-”. The outlook is stable. The affirmation reflects Katowice’s sound liquidity and strong debt ratios, which we expect to be maintained over the medium term.

The ratings factor in Katowice’s strong capacity for self-financing investments, due to satisfactory fiscal performance and expected significant …

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Fitch sustained rating for Katowice

January 25, 2016 Katowice the City 0

Fitch Ratings has affirmed the city of Katowice’s long-term foreign and local currency issuer default ratings (IDR) at „A-„. The outlook is stable. The affirmation reflects Katowice’s sound operating performance, which is expect to be maintained in the medium term.

The ratings factor in Fitch expectations that Katowice’s direct risk will not exceed 50% of current revenue in the medium term. This is based on the …

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One year of Katowice mayor

December 9, 2015 Katowice the City 0

Marcin Krupa, Katowice mayor, has summed up 365 days of his presidency. He focused on 10 tasks, which had been prepared and presented during his election campaign over a year ago. Now, the mayor adds two additional assignments – establishment of a metropolis and improvement of air quality.

Marcin Krupa promised last year to fulfill all the 10 tasks during …