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Moody's raises long-term credit rating of City of Zagreb and Zagreb Holding

Author: Lana Lončarić

ZAGREB, 20 July (Hina) - The international credit rating agency Moody's has raised the long-term credit rating of the City of Zagreb and the Zagreb Holding multi-utility conglomerate by two notches, from Ba1 to Baa2, that is from a speculative to an investment grade, with a stable outlook, the City of Zagreb said on Wednesday.

(Hina) ll

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