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Fitch Revises Bucharest's Outlook to Negative; Affirms at 'BBB-'

Fitch Ratings has revised the Outlook on the City of Bucharest's Long-Term-Foreign- and Local-Currency Issuer Default Ratings (IDR) to Negative from Stable and affirmed the IDRs at 'BBB-'. A full list of rating actions is below. The revision of the Outlooks follows the similar action on the Romanian sovereign ratings (see 'Fitch Revises Outlook on Romania to Negative; Affirms at 'BBB-' dated 17 April 2020 ...

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