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Published on 5/9/2023 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Moody’s fixes some Sri Lanka ratings

Moody's Investors Service said it corrected the ratings on the government of Sri Lanka's $1.25 billion of global bonds, 5¾% due April 18 2023 (CUSIP 85227SAV8) and $1 billion of 5 7/8% global bonds due July 25, 2022 (CUSIP 85227SAK2) to Ca from WR.

“Due to an internal administrative error, the ratings on these bonds were incorrectly withdrawn,” the agency said in a press release.


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