Fitch Teleconf: Bangladesh Assigned Inaugural International Rating by Fitch

(The following statement was released by the rating agency) HONG KONG/SINGAPORE, August 31 (Fitch) Fitch Ratings has for the first time assigned international ratings to the Bangladesh sovereign and invites market participants to join a teleconference on Bangladesh’s rating outlook at 4pm HK/Singapore (2pm Dhaka) on Wednesday, 3 September 2014. The call will be hosted by Thomas Rookmaaker, Director in Fitch’s Asia-Pacific Sovereigns Group in Hong Kong. The agency assigned Bangladesh Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of ‘BB-‘. The Outlooks on the Long-Term IDRs are Stable. For more details, please refer to the rating action commentary “Fitch Rates Bangladesh ‘BB-‘; Outlook Stable”, dated 29 August 2014 and available at www.fitchratings.com. Attendance for the teleconference is free but participants are requested to register via the link below to reserve a spot on the call. here Callers should dial in at least five minutes before the start time. Participant International Dial-In Number: +61 283733610 Participant Local Dial-In Numbers: Australia, Sydney: +61 283733582 Austria, Vienna: +431253022137 Belgium, Brussels: +3228948388 Canada, Toronto: +16474269740 China, Domestic: 8008700210 China, Domestic: 4001203170 Czech Republic, Prague: +420234147048 Denmark, Copenhagen: +4532727797 Finland, Helsinki: +358923170512 France, Paris: +33170950563 Germany, Frankfurt: +496925739844 Hong Kong: +85230512792 Hungary, Budapest: +3615779990 India, Mumbai: +912230985882 Ireland, Dublin: +35315269743 Japan, Domestic: 0120301736 Japan, Tokyo: 81345808341 Korea (South), Seoul: +82264903527 Macau: +85362625244 Malaysia, Kuala Lumpur: +60377249610 Netherlands, Amsterdam: +31207946788 New Zealand, Auckland: +6492805281 Singapore, Singapore: +6531580667 Spain, Madrid: +34935452851 Sweden, Stockholm: +46850507875 Switzerland, Geneva: +41225181517 Taiwan, Taipei: +886277438419 United Kingdom, London: +442036514876 United States, New York: +18455071610 Participant International Toll Free Dial-In Numbers: Argentina: 08004444845 Australia: 1800725000 Austria: 0800295133 Belgium: 080078747 Brazil: 8000201590 Bulgaria: 008001201106 Canada: 18555760539 Chile: 12300201229 Colombia: 018005183540 Czech Republic: 800701608 Denmark: 80251313 Finland: 80088822999 France: 0800913185 Germany: 08001802370 Hong Kong: 800906648 Hungary: 0680109826 India: 180030000597 Indonesia, PT Indosat access: 0018030204845 Indonesia, PT Telkom access: 0078030204845 Ireland: 1800551316 Israel: 1809450463 Italy: 800896096 Korea (South): 0079861361784 Malaysia: 1800816804 Mexico: 018008743081 Netherlands: 08000233892 New Zealand: 0800446046 Norway: 80010866 Peru: 080055430 Philippines: 180016120170 Poland: 008006411207 Portugal: 800827834 Russian Federation: 88001006447 Singapore: 8006162313 South Africa: 0800997774 Spain: 900834791 Sweden: 020790234 Switzerland: 0800835802 Taiwan: 00801615198 Thailand: 0018006121041 United Arab Emirates: 8000174256 United Kingdom: 08082341369 United States: 18007429301 Vietnam: 18004819 For more information, market participants can contact the following: Issuers and bankers: Sing Chan Ng, Singapore Tel: +65 6796 7210 Email: singchan.ng@fitchratings.com Investors: Wandy Hon, Hong Kong Tel: +855 2263 9915 Email: wandy.hon@fitchratings.com Wayne Lai, Singapore Tel: +65 6796 7219 Email: wayne.lai@fitchratings.com Media: Leslie Tan, Singapore Tel: +65 6796 7234 Email: leslie.tan@fitchratings.com A replay of the teleconference will be available at www.fitchratings.com shortly after the call. Media Relations: Bindu Menon, Mumbai, Tel: +91 22 4000 1727, Email: bindu.menon@fitchratings.com; Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com; Leni Vu, Sydney, Tel: +61 2 8256 0326, Email: Leni.Vu@fitchratings.com. Additional information is available at www.fitchratings.com ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: here. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY’S PUBLIC WEBSITE ‘WWW.FITCHRATINGS.COM’. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH’S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE ‘CODE OF CONDUCT’ SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Source: reuters