S&P cuts Sri Lanka's credit rating to 'B' from 'B+', maintains stable outlook
November 22, 2017. REUTERS/Dinuka Liyanawatte
(Reuters) - S&P Global Ratings said on Tuesday it lowered Sri Lanka’s sovereign credit rating to ‘B’ from ‘B+’, but maintained its outlook at ‘stable’.
S&P’s action follows a downgrade of Sri Lanka by Fitch Ratings earlier in the day, citing refinancing risks and an uncertain policy outlook.
Reporting by Shubham Kalia in Bengaluru; Editing by Sunil Nair
- https://www.reuters.com/article/us-...from-b-maintains-stable-outlook-idUSKBN1O30YU
November 22, 2017. REUTERS/Dinuka Liyanawatte
(Reuters) - S&P Global Ratings said on Tuesday it lowered Sri Lanka’s sovereign credit rating to ‘B’ from ‘B+’, but maintained its outlook at ‘stable’.
S&P’s action follows a downgrade of Sri Lanka by Fitch Ratings earlier in the day, citing refinancing risks and an uncertain policy outlook.
Reporting by Shubham Kalia in Bengaluru; Editing by Sunil Nair
- https://www.reuters.com/article/us-...from-b-maintains-stable-outlook-idUSKBN1O30YU
