Fitch affirms Azerbaijan's Southern Gas Corridor CJSC's notes


March 15, Fineko/ Fitch Ratings has affirmed Southern Gas Corridor CJSC's (SGC) senior unsecured Eurobonds' long-term foreign currency rating at 'BB+'.

According to Fitch Ratings, the forecast on the rating remained stable.

The affirmation reflects Fitch's unchanged view on SGC's USD2 billion Eurobonds maturing in 2026 fully guaranteed by the Republic of Azerbaijan (BB+/Stable).