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View Full Version : Sri Lanka's Rating Outlook Reduced to Negative by S&P - Bloomberg



NewsWhore
05-21-2009, 07:50 AM
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Sri Lanka&#39;s Rating Outlook Reduced to Negative by S&P (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DawH.G.g5y7OA%26refer%3Dindia&cid=1246288094&ei=Q0IVSpLkGIexmAezqYijCA&usg=AFQjCNGCOLtGxXgrZguPZa4Znu9YLHl4rw)
Bloomberg
“The underlying pressures on Sri Lanka&#39;s external liquidity position have intensified,” said S&P, which rates the island&#39;s long-term foreign currency debt at &#39;B&#39;, five levels below the investment grade. Sri Lanka started talks with the IMF in March for ...


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