Fitch Ratings has assigned Bank Dhofar 's (BBB/Stable/bb+) new USD500 million euro medium-term note (EMTN) programme a Long-term rating of 'BBB' and Short-term rating of 'F2'. The programme's ratings are driven by Bank Dhofar 's Long- and Short-term Issuer Default Ratings (IDRs) and reflect Fitch's view that the likelihood of default on senior unsecured notes issued under this programme would reflect a default of Bank Dhofar, in accordance with Fitch's rating definitions. (Zawya)
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