Moody’s assigns first-time B1 rating to Ivory coast, outlook positive

LONDON: Ratings agency Moody’s assigned Ivory Coast a first-time rating of B1 with a positive outlook, citing high growth prospects, but also flagged its low per capita income and weak institutional strength.

Moody’s also assigned the B1 rating to the country’s planned $500 million bond, the agency said in a statement published on its website on Tuesday…

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