S&P Upgrades Sri Lanka’s Rating to ‘CCC+/C’ on Debt Restructuring Progress

S&P Upgrades Sri Lanka’s Credit Rating to ‘CCC+/C’ Citing Economic Recovery and Reform Progress - LNW Lanka News Web

S&P Global Ratings has upgraded Sri Lanka’s foreign currency sovereign credit rating to ‘CCC+/C’ from ‘SD/SD’ (Selective Default), reflecting improved macroeconomic stability, progress under the IMF programme, and the Government’s continued commitment to fiscal and debt management reforms. The long-term foreign currency rating was raised from ‘SD’ to ‘CCC+’ with a stable outlook, signalling cautious optimism over Sri Lanka’s medium-term ability …

S&P upgrades Sri Lanka sovereign rating to CCC+/C; outlook stable

S&P Global Ratings yesterday raised its long- and short-term foreign currency sovereign credit ratings on Sri Lanka to ‘CCC+/C’ from ‘SD/SD’. It also affirmed its ‘CCC+/C’ long- and short-term local currency ratings. ..

S&P raises Sri Lanka’s rating from selective default on stable outlook

Sri Lanka Foreign Currency Ratings Raised To 'CCC+/C' From 'SD'; Outlook Stable

COLOMBO(News 1st); Global rating agency S&P Global Ratings has raised Sri Lanka’s long- and short-term foreign currency sovereign credit ratings t - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.

S&P upgrades Sri Lanka’s rating to ‘CCC+/C’ on debt restructuring progress

Credit ratings agency S&P Global on Friday upgraded Sri Lanka’s foreign currency ratings from the “selective...

S&P upgrades Sri Lanka's rating to 'CCC+/C'

Credit ratings agency S&P Global raised Sri Lanka's foreign currency ratings to "CCC+/C" from "SD" on Friday