Fitch Ratings affirms Angola at "B" (LT Int. Scale (foreign curr.) credit rating); outlook negative

March 20, 2017 - CBonds

 

Fitch Ratings affirmed the "B" LT Int. Scale (foreign curr.) credit rating of Angola on March 17, 2017. The outlook is negative.
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Issuer: Angola
Issuer profile:
Having come from a period civil unrest about a decade ago, Angola is still very much on its recovery path. Angola has continued to record the most impressive economic growth within the continent aver... more
Outstanding issues:
2 issuesUSD2,500,000,000
277 issuesAOA626,670,160,062
Issuer rating:
Dagong CreditB+/NegativeInternational scale rating (foreign curr.)07/08/2016
Dagong CreditB+/NegativeInternational scale rating (local curr.)07/08/2016
Organisation for Economic Co-operation and Development (OECD)6/Country Risk Classifications06/24/2016
Moody's Investors ServiceB1/NegativeLT- foreign currency04/07/2017
Moody's Investors ServiceB1/NegativeLT- local currency04/07/2017
S&P Global RatingsB/NegativeForeign Currency LT08/12/2016
S&P Global RatingsB/NegativeLocal Currency LT08/12/2016
Fitch RatingsB/NegativeLT Int. Scale (foreign curr.)03/17/2017
Fitch RatingsB/NegativeLT Int. Scale (local curr.)03/17/2017