Moody’s upgrades Honduras

Moody's Investors Service said it upgraded Honduras' foreign currency and local currency issuer and senior unsecured ratings to B1 from B2.

The outlook was moved to stable from positive.

Moody's said the upgrade reflects that Honduras has stabilized its debt and fiscal metrics at lower levels than its peers. The agency also said Honduras’ institutional and economic conditions support continued fiscal discipline going forward.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.