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CI Seminars

CI Seminars

News & Credit Rating Announcements

17 May 2019 | Country: Lebanon

Lebanon - Sovereign Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed Lebanon's Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) at 'B'. At the same time, CI Ratings has affirmed the sovereign's Short-Term Foreign Currency Rating (ST FCR) and Short-Term Local Currency Rating (ST LCR) at 'B'. The Outlook for Lebanon's Ratings remains Negative.

CI has also affirmed the 'B' foreign currency issue ratings assigned to Lebanon's USD3 billion global notes issued in three tranches (USD1.25 billion due in 2027; USD1 billion due in 2032; and USD0.75 billion due in 2037), and affirmed the Outlook as Negative.

Attachments

  • Credit Rating Announcement (CRA)
    PDF Download Available
  • Sovereign Rating Report (Lebanon)
    Purchase Available - View price list


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