VOL. XLIV

No. 25

18-June-2001

RATINGS

S&P Lowers Lebanons Local Currency Rating to B+; Outlook Revised to Negative from StableRatings agency Standard & Poors (S&P) lowered its long-term local currency issuer credit rating on Lebanon to B+ from BB- on 25 May. At the same time, the agency affirmed its B+ long-term foreign currency issuer credit, its senior unsecured debt ratings and its B short-term credit rating. The outlook on the long-term ratings has been revised to negative from...