Thursday, March 24, 2016

Fitch Affirms Ghana at 'B'; Outlook Negative

(The following statement was released by the rating agency) HONG KONG, March 24 (Fitch) Fitch Ratings has affirmed Ghana's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B' with a Negative Outlook. Fitch also affirmed the issue ratings on Ghana's senior unsecured foreign and local currency bonds at 'B', as well as the 'BB-' rating on Ghana's USD1bn partially guaranteed note. Ghana's Country Ceiling and the Short-term foreign currency IDR have been affirmed at 'B'. KEY


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