VOL. XLIII

No. 38

18-September-2000

LEBANON

Moodys Puts Lebanons Domestic Currency Debt Rating On Review For Possible Downgrade

Ratings agency Moodys Investors Service announced on 7 September that it had placed the B1 domestic currency debt rating of Lebanon on review for possible future downgrade. According to a statement from the agency, the move was a result of the onerous domestic debt interest burden and...concerns that the window of opportunity to redress the situation will narrow unless...