Uzbekistan Airports (#Uzairports), the state-owned operator of all airports in Uzbekistan, has received its first international credit rating from Fitch Ratings, which assigned a ‘BB’ Long-Term Issuer Default Rating (IDR) with a stable outlook. The rating is equalized with that of the Republic of Uzbekistan, its ultimate parent, and highlights the company’s pivotal role in the country’s aviation and economic development…
Fitch Ratings has downgraded Wizz Air Holdings‘ Long-Term Issuer Default Rating (IDR) and senior unsecured rating to ‘BB’ from the previous ‘BB+’. Despite the downgrade, the outlook remains stable, and the Recovery Rating on the senior unsecured notes has been affirmed at ‘RR4’.
Azorra Finance is projected to receive a ‘BB-(EXP)’ credit rating from Fitch Ratings for its planned issuance of $500 million in senior unsecured notes. The final terms, including fixed interest rate and maturity date, are expected to be set at the time of the note issuance. The ‘EXP’ suffix signifies that the rating is currently expected and contingent upon the completion…
