REFILE-Moody’s downgrades Lebanon, cites default risk
Moody’s Investors Service on
Tuesday downgraded Lebanon’s rating to Caa2, citing the
increased likelihood of a debt
rescheduling it would classify as a default, following protests
that toppled the government and shook investor confidence.
Tuesday downgraded Lebanon’s rating to Caa2, citing the
increased likelihood of a debt
rescheduling it would classify as a default, following protests
that toppled the government and shook investor confidence.
Posted by Reuters
