On March 07th 2020, the Lebanese government announced that its does not intend to pay the $1.2B worth of Eurobonds maturing on March 09Read More
Tags :fitch ratings
Economic Indicators
S&P Downgraded Lebanon’s Foreign and Local Currency Issuer Credit Ratings to “Selective Default” on Three Lebanese Banks and Revised Lebanon’s BICRA Score Downwards
On Dec. 18th 2019, Standard & Poors (S&P) Global Ratings lowered its foreign and local currency issuer-credit ratings on the three Read More
Economic Indicators
Fitch Ratings Downgraded Lebanon’s Long term Foreign Currency Issuer Default Rating (IDR) from CCC to “CC” on December 12th 2019
In its report issued on Dec. 12th 2019, Fitch Ratings explains the mounting financial pressure on Lebanon, such that, “a government debt restructuring Read More
