Fitch Ratings has described the recently completed domestic debt exchange programme as distressed, due to a significant decrease in the agreed-upon terms compared to the original contract. In its recent rating of the country, the ratings agency emphasised the importance of this evaluation since the exchange was necessary to …
Read More »Fitch Rates DDEP As Distressed
Fitch Ratings has described the recently completed domestic debt exchange programme as distressed, due to a significant decrease in the agreed-upon terms compared to the original contract. In its recent rating of the country, the ratings agency emphasised the importance of this evaluation since the exchange was necessary to …
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