News Headline Summary

Fitch says Portugal bond issue is credit positive but challenges remain

Says:
- Expects Portugal won't gain full market access before IMF-EU program ends.
- Portugal will need additional funding support and new program.
- Political risk remains significant.

Update details:

- Fitch currently rates Portugal at BB+, outlook negative.

Print 08:21, 25 Jan 2013 - Rating Agency comments - Source: Newswires