OREANDA-NEWS. Fitch Ratings has assigned Ghana's upcoming USD denominated senior unsecured notes issue an expected rating of 'B(EXP)'.

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

KEY RATING DRIVERS

The expected rating is in line with Ghana's Long-Term Foreign Currency Issuer Default (IDR) which was affirmed at 'B' with a Negative Outlook in March 2016.

RATING SENSITIVITIES

The rating of the notes is sensitive to changes in Ghana's Long-term Foreign Currency IDR.