VOL. XLIV

No. 11

12-March-2001

OMAN

S&P Upgrades Omans Foreign Currency And Debt

Standard and Poors (S&P) ratings agency announced on 27 February that it had upgraded the long-term foreign currency issuer credit and senior unsecured debt ratings for Oman from triple B minus to triple B. It also upgraded the countrys long-term local currency issuer credit from triple B to triple B plus and affirmed Omans short-term foreign currency rating at A-3. The outlook on the long-term ratings is...