NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the local and foreign currency Issuer Default Ratings (IDR) for Empresa Generadora de Electricidad Itabo at 'B+'. The rating Outlook is Stable. The rating action includes the affirmation of the 'B+/RR4' rating on the associated bond due in 2020 from Itabo Dominicana SPV. KEY RATING DRIVERS Itabo's ratings reflect the electricity sector's high dependency on transfers from the central government to service its financial obligations, a conditio
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