Friday, May 27, 2016

Fitch Affirms Cameroon at 'B'; Outlook Stable

(The following statement was released by the rating agency)

LONDON, May 27 (Fitch) Fitch Ratings has affirmed Cameroon's

Long-term foreign

and local currency Issuer Default Ratings (IDR) at 'B'. The

Outlooks are Stable.

The issue rating on Cameroon's senior unsecured foreign currency

bond has also

been affirmed at 'B'. The Short-term foreign currency IDR has

been affirmed at

'B'. Fitch has also affirmed the Country Ceiling for Cameroon at

'BBB-', in line

with the Country Ceiling for the Com

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