Rating Actions in Foreign Currency on March 10, 2021 Fitch | Cbonds Global

Rating Actions in Foreign Currency on March 10, 2021

Fitch Ratings affirmed Egypt at 'B+' with stable outlook.

Moody's placed Ethiopia's 'B2' rating under review for downgrade.
Reasons: "government's commitment, as part of its entry into the G20 Common Framework, to sign a Memorandum of Understanding (MoU) that requires it to engage with private creditors raises the risk those creditors will incur losses," - Moody's report.