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BRIEF-Moody's assigns provisional (P)B2 rating to Maldives' senior unsecured notes
May 31, 2017 / 6:02 AM / 4 months ago

BRIEF-Moody's assigns provisional (P)B2 rating to Maldives' senior unsecured notes

May 31 (Reuters) -

* Moody’s assigns provisional (P)B2 rating to Maldives’ senior unsecured notes

* Moody’s on Maldives - Rating reflects our assessment of low economic, government financial and institutional strengths

* Moody’s on Maldives - Rating reflects moderate susceptibility to event risk

* Moody‘s- Senior unsecured notes will rank pari passu with all of the Republic of Maldives’ current and future senior unsecured external debt

* Moody’s on Maldives- Banking system is liquid and well-capitalized, therefore assess the maldives’ banking sector risk as ‘very low

* Moody’s - Adjusts Maldives’ fiscal strength score to ‘low (+)’ from ‘moderate’ to reflect risks surrounding the 2017 revenue measures Source text for Eikon:

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