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BRIEF-S&P says ratings on Saudi Arabia affirmed at 'A-/A-2'
October 7, 2016 / 3:56 PM / a year ago

BRIEF-S&P says ratings on Saudi Arabia affirmed at 'A-/A-2'

Oct 7 (Reuters) - S&P Global Ratings:

* S&P - Ratings on Saudi Arabia affirmed at 'A-/A-2'; Outlook stable

* S&P - Expect Saudi Arabia's external and government balance sheet positions will remain strong over 2016-2019

* S&P - Over the next three years, we expect Saudi Arabia will finance its deficits by drawing down fiscal assets and issuing debt

* S&P on Saudi Arabia - Stable outlook based on expectation that authorities will take steps to prevent any deterioration in government's fiscal position Source text: [bit.ly/2dQa5M1]

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