VOL. XLIII

No. 39

25-September-2000

LEBANON

S&P Lowers Lebanons Foreign Currency Ratings By One Notch To B+

Standard & Poors (S&P) on 18 September lowered its long-term foreign currency issuer and senior unsecured debt ratings on Lebanon to single-B-plus from double-B-minus. S&P also lowered Lebanons long-term local currency issuer credit rating to double-B-minus from double-B. However, the long-term ratings have also been removed from CreditWatch, where they were placed on 7 June...