(The following statement was released by the rating agency) BARCELONA/MILAN/LONDON, August 22 (Fitch) Fitch Ratings has affirmed the Spanish Autonomous Community of Murcia’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB-‘ with Stable Outlooks. The rating action affects around EUR5.1bn of outstanding debt. Fitch has also affirmed the Short-term foreign currency IDR at ‘F3’. KEY RATING DRIVERS Murcia’s ratings reflect its increasing debt burden and a weaker econom
Source: Financials
