Moody’s Upgrades Zambia Ratings with Stable Outlook
Moody’s Ratings has upgraded the long-term foreign-currency issuer rating of the Government of Zambia to Caa2 from Ca, the long-term local-currency issuer rating to Caa2 from Caa3, and maintained a stable outlook.
It also assigned a Caa2 foreign-currency senior unsecured debt rating to the new bond…
