Lebanon’s ‘negative’ outlook affirmed by Fitch

June 23, 2014 4:28 am

Fitch Ratings has reaffirmed Lebanon’s “Negative” outlook, while maintaining the country’s long-term local and foreign currency Issuer Default Rating, which was unchanged at “B,” The Daily Star has reported. The international rating agency also affirmed Lebanon’s senior unsecured local and foreign currency bonds issue ratings at “B,” with the country ceiling remaining unchanged at “B.”