Coface: Fitch confirms AA- rating
Fitch has also affirmed Coface's long-term Issuer Default Ratings (IDR) at 'A+' with an outlook.
This rating reflects 'Coface's very good business model and strong capitalization, as well as high profitability through the cycle'. The stable outlook reflects Fitch's view that ' Coface continues to maintain a sufficient margin of safety to cope with more challenging macroeconomic conditions and rising corporate default risk over the next 12 to 24 months.
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