Moody’s
Moody’s downgrades 5 SA municipalities as revenue collection declines
International ratings agency, Moody's Investors Service, recently took rating actions on five South African Regional and Local Governments (RLGs) and one Government-Related Issuer (GRI).
AfDB now rated AAA with stable outlook by all major rating agencies
Moody’s Investor Service has affirmed the African Development Bank’s AAA credit rating, with a stable outlook.
Moody’s downgrades Eskom CFR to B3
Moody’s Investor Services (Moody’s) has downgraded to ‘B3’ from ‘B2’ the long-term corporate family rating (CFR) of South African power utility Eskom.
AfDB launches $2 billion Global Benchmark
The African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a $2bn 3-year Global Benchmark bond due 16 September 2022.
Nigeria moves to its second green bond issuance
Nigeria is set to undertake a second green bond issuance; a Series II Green Bond of up to $42 million, following the success of the first offer in 2017.
Moody’s downgrades Eskom CFR from ‘B1 to B2’
Moody’s Investor Services (Moody’s) has downgraded Eskom’s long-term corporate family rating (CFR) from ‘B1 to B2.’
The zero coupon eurobonds rating has similarly been revised to ‘B2’ from ‘B1’ in line with the CFR...
