Tag: Local-Currency IDR would be downgraded if govt announces plans to restructure or defaults on local debt: Fitch
Local-Currency IDR would be downgraded if govt announces plans to restructure or defaults on local debt: Fitch
The Long-Term Local-Currency IDR would be further downgraded if the government announces plans to restructure or defaults on its local-currency debt, says Fitch Ratings. Releasing a statement, the agency pointed out that the issue of whether to include local-currency debt in any restructuring will be one of the factors complicating debt negotiations. Fitch downgraded Sri […]