...+ South Africa-based MTN Group Ltd. (MTN) has reached an agreement with the Central Bank of Nigeria (CBN) following the CBN's review of MTN's use of certificates of capital importation (CCIs) in 2007-2015. + We are affirming our '##+' long-term issuer credit ratings on MTN and its subsidiary, Mobile Telephone Networks Holdings Ltd., and we are affirming our '##+' issue rating on the senior unsecured bonds issued by MTN (Mauritius) Investments Ltd. We are taking the ratings off CreditWatch negative, where we placed them on Sept. 28, 2018. + We are also affirming our 'zaAAA' South Africa national scale long-term rating on MTN and Mobile Telephone Networks Holdings Ltd. + The negative outlook reflects that we may downgrade MTN within the next 12 months if it becomes more exposed to Nigeria, or if its S&P Global Ratings-adjusted debt-to-EBITDA ratio rises above 3.0x....
