Friday, March 25, 2016

Fitch Revises Angola's Outlook to Negative; Affirms at 'B+'

(The following statement was released by the rating agency) LONDON, March 25 (Fitch) Fitch Ratings has revised the Outlook on Angola's Long-term foreign and local currency Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the IDRs at 'B+'. Fitch has affirmed Angola's Short-term foreign currency IDR at 'B' and the Country Ceiling at 'B+'. The issue rating on Angola's senior unsecured foreign currency bonds has also been affirmed at 'B+'. KEY RATING DRIVERS The revision of











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