Fitch Ratings said on Thursday, March 28, it has assigned a 'BBB-'rating to Croatia’s newly issued Eurobond worth USD 1.5bn. The ten-year bond has a coupon of 5.5% and is due 4 April 2023. Fitch said in a short note the rating is in line with the sovereign’s long-term rating, which has a negative outlook and was affirmed in November 2012. The rating of the Eurobond is therefore is sensitive to any changes in the sovereign rating.
The main committee of the Bosniak ruling Party of Democratic Action (SDA) adopted a resolution on November 18 demanding that neighbouring Croatia to stop all activities on the planned Peljesac bridge ... more
The exclusion of Russia’s Sberbank from the list of creditors of Croatia’s troubled food and retail giant Agrokor represents blackmail, the CEO of the Russian bank said, N1 reported on November ... more