VOL. XLIII

No. 25

19-June-2000

LEBANON

S&P Puts Lebanons Foreign Currency BB-/B Rating On CreditWatch Negative

Standard & Poors (S&P) ratings agency announced on 7 June that it had placed its ratings for Lebanon on CreditWatch with negative implications. The S&P country ratings are as follows: BB- foreign currency long-term issuer and senior unsecured ratings; BB local currency long-term credit issuer; B local and foreign currency short-term issuer credit and short-term debt...