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Fitch Maintains VertiGlobal BBB Rating
Fitch Ratings has announced the stable outlook and maintained the long-term credit rating of BBB for Vertiglobe, considering the company's strategic role as a subsidiary of ADNOC. The rating also reflects the strong profit margins and long-term gas supply contracts that support the company's earnings, with expectations that profit margins will exceed 40% over the next four years.
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