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Fitch rates Zambia’s newly restructured debt as junk – reflects country not yet out of the woods

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Fitch rates Zambia’s newly restructured debt as junk – reflects country not yet out of the woods Global rating agency Fitch has assigned Zambia’s US dollar bonds, which were issued on 11 June 2024 to replace the defaulted ones under the debt restructuring deal a ‘CCC+’ rating. This rating is a notable improvement for Zambia […]

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