Mozambique Cut by Moody’s on Heightened Restructuring Risks
Moody’s Ratings cut its assessment of Mozambique’s creditworthiness deeper into junk, citing increased risk that the gas-rich southeast African nation will restructure its sole eurobond.
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Moody’s Ratings cut its assessment of Mozambique’s creditworthiness deeper into junk, citing increased risk that the gas-rich southeast African nation will restructure its sole eurobond.
Key Facts — What happened. Analysts say Mexico’s newly delivered 2027 Paquete Económico (economic budget package) leaves little room before a possible investment-grade downgrade. — How big. The plan sets spending at MXN$10.6 trillion (US$619.1 billion) against MXN$9.16 trillion (US$535.0 billion) in revenue. — What it means. Public debt (SHRFSP) is projected to keep climbing, […] The post Mexico Edges Closer to Investment-Grade Risk in 2027 Budget appeared first on The Rio Times.
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