15/4/2016/AfDB On Thursday, April 14, 2016, the African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), launched and priced a new USD 1 billion 3-year Global benchmark transaction due 15 May 2019. The new 3-year issue is AfDB’s second USD Global benchmark this year, and follows […]
Tag: Moody’s
Moody’s: Oil slump hurts states and provinces from Nigeria to Russia, Mexico to Canada
Global Credit Research – 22 Mar 2016/Moody’s Investors Service The sustained fall in oil prices is hurting not only sovereign borrowers worldwide, but also state governments, says Moody’s Investors Service. However, sub-sovereign reliance on oil varies wildly among countries. In an analysis oil-dependent sub-sovereign borrowers, Moody’s looked at states and […]
Fitch poised to cut UK’s AAA rating soon
Britain looked poised to lose its AAA rating from a second ratings agency after Fitch Ratings warned on Friday it was likely to downgrade the country in the coming weeks, citing high government debt levels and weak growth. A month since Britain was downgraded by Moody’s, Fitch put the country […]
