Moody’s raises Sri Lanka’s rating after debt restructure approval
- CNL Reporter
- December 24, 2024
- Political
- Moody’s raises Sri Lanka’s rating after debt restructure approval
- 0 Comments
Credit ratings agency Moody’s on Monday raised Sri Lanka’s long-term foreign currency issuer rating to ‘Caa1’ from ‘Ca’ with a stable outlook, after the country’s creditors approved a $12.55 billion debt overhaul last week.
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