Fitch Ratings has downgraded Angola’s long-term foreign and local currency issuer default ratings (IDR) to ‘B’ from ‘B+’. The outlooks are negative. The issue ratings on the country’s senior unsecured foreign currency bonds have also been downgraded to ‘B’ from ‘B+’. The country ceiling has been revised down to ‘B’ from ‘B+’, and the short-term … Continue reading Angola gets downgraded to ‘B’, outlook negative