Fitch Revises Kenya's Outlook to Negative
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Fitch Ratings has revised the Outlook on Kenya's Long-term foreign and local currency Issuer Default Ratings (IDR) to Negative from Stable and affirmed them at 'B+' and 'BB-', respectively. The agency has also affirmed the Short-term IDR at 'B' and Country Ceiling at 'BB-'. The issue ratings on Kenya's senior unsecured foreign and local currency bonds have been affirmed at 'B+'.