VOL. XLIV
No. 27
2-July-2001
RATINGS
S&P Lowers Long-Term Local Currency Rating And Senior Unsecured Debt Rating Of Egypt
Ratings agency Standard and Poors (S&P) announced on 22 June that it had lowered to BBB+ plus from A- the long-term local currency issuer credit and senior unsecured debt ratings of Egypt. In a statement, the agency confirmed that it had also lowered to A-2 from A-1 the short-term local currency issuer credit and debt ratings; and had affirmed the BBB- minus long-term...
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