Fitch rates Pakistan's proposed Eurobond at 'B-'
Fitch Ratings has assigned a 'B-' rating to Pakistan's proposed US dollar-denominated bond, along with a Recovery Rating of 'RR4', reflecting average recovery prospects for investors in case of default.
September 01, 2026 (MLN): Fitch Ratings has assigned a 'B-' rating to Pakistan's proposed US dollar-denominated bond, along with a Recovery Rating of 'RR4', reflecting average recovery prospects for investors in case of default. The proceeds from the proposed issuance are earmarked for general budgetary and sovereign financing needs, the agency said. The bond rating is aligned with Pakistan's Long-Term F...