Mon, 02 May 2016 10:48 - Updated Mon, 02 May 2016 10:48
Angola sovereign risk revised downwards by Moody's Investors Service
Luanda - The Ministry of Finance has announced that the Moody's Investors Service has revised downwards the sovereign risk of Angola from Ba2 to B1 with a negative outlook.
According to a note from the institution, to which ANGOP had access last Sunday in Luanda, this revision of the sovereign rating falls within the scope of the seventh annual assessment of the rating of sovereign risk, carried out by that credit rating agency, after a monitoring process to which the country has been subjected, since the month of February 2016.
DYOR
great find by Tell.
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