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-Fitch rates ZKM Gdansk PLN11.2m bus revenue bond at BBB/A+(pol).

BANKING AND CREDIT NEWS-May 6, 2011--Fitch rates ZKM Gdansk PLN11.2m bus revenue bond at BBB/A+(pol)(C)2011 M2 COMMUNICATIONS

6 May 2011 - Fitch set yesterday a long-term foreign currency rating of BBB and a national long-term rating of A+(pol) to the PLN11.2m (USD4.1m/EUR2.8m) bus revenue bond issue of Polish tram operator ZKM Gdansk.

The floating interest revenue bonds, maturing in June 2016, have been placed as part of the company's PLN60m tram revenue bond programme. The bond carries coupons payable on a semi-annual basis.

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Publication:M2 Banking & Credit News (BCN)
Date:May 6, 2011
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