Fitch Revises Lebanon's Outlook to Negative; Affirms IDR at 'B'

Reuters

Fitch Ratings has revised Lebanon's Outlook to Negative from Stable. Its Long-term foreign and local currency Issuer Default Ratings (IDRs) have been affirmed at 'B'. The issue ratings on Lebanon's senior unsecured foreign and local currency bonds are also affirmed at 'B'. The Country Ceiling is affirmed at 'B' and the Short-term foreign currency IDR at 'B'.

Source: Reuters FULL STORY