VOL. XL

No. 50

15-December-1997

LEBANON

...And Assign Sovereign Risk Rating To Lebanon

On 9December,Thomson Bankwatch also joined its peers in the ratingsforum by announcing that it has assigned a Sovereign Risk Rating to Lebanon of B+. Earlierthis year, four credit agencies issued ratings to Lebanon, ranging from B1 (Moody's) to(BBB-) from Nippon Investor Services (NIS). Standard & Poor (S&P) came in at BB-,one notch above Moody's, and IBCA, the European credit rating agency, gave...