US EditionMorocco regains investment-grade status after four years
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Standard & Poor, once again, re-integrates Morocco into the small circle of issuers sought by the markets. The Kingdom thus imposes itself as the only African issuer of investment graded Eurobonds. The post Standard & Poors: the Kingdom regains its ranking appeared first on LesEco.ma.
Morocco regains investment-grade status after four years
S&P keeps “stable” outlook Economy resilient despite shocks Vulnerable to climate risks Morocco has reclaimed its investment-grade status from US rating agency S&P after a four-year gap. The global rating agency said it had raised Morocco’s long- and short-term sovereign credit ratings to BBB-/A-3 from BB+/B, maintaining a “stable” outlook. The move makes Morocco the only African sovereign holding investment-grade status. Morocco’s economy has s…
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