April 18, 2018 / 4:12 PM / a month ago

BRIEF-Fitch Affirms Aruba's IDR at 'BBB-', Revises Outlook To Negative

April 18 (Reuters) - Fitch:

* FITCH AFFIRMS ARUBA’S IDR AT ‘BBB-‘; REVISES OUTLOOK TO NEGATIVE

* FITCH ON ARUBA SAYS RATING OUTLOOK HAS BEEN REVISED TO NEGATIVE FROM STABLE

* FITCH ON ARUBA SAYS NEGATIVE OUTLOOK REFLECTS SUBSTANTIAL DEVIATION FROM FISCAL DEFICIT TARGETS, RESULTING IN HIGHER GOVERNMENT DEBT LEVELS, AMONG OTHERS

* FITCH ON ARUBA SAYS A DELAY TO ST. NICOLAS OIL REFINERY CONVERSION PROJECT ALTERS NEAR-TERM OUTLOOK FOR ECONOMY AND PUBLIC FINANCES Source text for Eikon:

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