Mozambique Cut by Moody’s on Heightened Restructuring Risks
Moody’s Ratings cut its assessment of Mozambique’s creditworthiness deeper into junk, citing increased risk that the gas-rich southeast African nation will restructure its sole eurobond.
By Matthew Hill · Bloomberg Markets
Moody’s Ratings cut its assessment of Mozambique’s creditworthiness deeper into junk, citing increased risk that the gas-rich southeast African nation will restructure its sole eurobond.