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Fitch Ratings has assigned Kenya's upcoming US dollar denominated senior unsecured notes an expected rating of 'B+(EXP)'.


The assignment of the final rating is contingent on the receipt of final documents materially conforming to information already reviewed.


The expected rating is in line with Kenya's Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'B+', which has a Stable Outlook.



The notes' rating is sensitive to changes in Kenya's Long-Term Foreign-Currency IDR.


On 29 April 2019, Fitch affirmed Kenya's Long-Term Foreign- and Local-Currency IDRs at 'B+' with a Stable Outlook.


  • Africa Investor Summit 2018

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