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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Transport and road investments dominate Katowice budget 2016

November 23, 2015 Katowice the City 0

Katowice will spend more on investments next year, according to a project of the city budget 2016. Also, a total income will be higher than in this year’s budget.

In 2016, Katowice expects that the income will be higher than in 2015 and wants to spend approximately 60 million more on investments. Most of the undertakings will be …

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Katowice rated by Fitch for second time this year

July 27, 2015 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-” for the second time this year. The outlook is stable.

The affirmation reflects Katowice’s sound operating performance, which is expected to be maintained in the medium term.

The ratings also factor in agency’s expectations …