• 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.