Home News & Press Releases Saudi Arabia’s Sovereign Ratings Downgraded and Outlook Revised to ‘Stable’
News & Credit Rating Announcements
16 December 2016 | Country: Saudi Arabia
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Saudi Arabia’s Sovereign Ratings Downgraded and Outlook Revised to ‘Stable’
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has downgraded Saudi Arabia's Long-Term Foreign and Local Currency Ratings to 'A+' from 'AA-' and its Short-Term Foreign and Local Currency Ratings to 'A1' from 'A1+'. At the same time, CI Ratings has revised the Outlook for the ratings to 'Stable' from 'Negative'.
Attachments
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View Credit Rating Announcement (CRA)
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Sovereign Rating Report (Saudi Arabia)
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