BUSINESSApr 24 · 07:42 UTCBLOOMBERGMatthew Hill

Fitch Cuts Mozambique’s Rating, Citing Probable Bond Default

Fitch Ratings downgraded Mozambique's credit rating due to a probable bond default. Mozambique missed a $119 million payment on a Credit Suisse loan, marking the second such default in two months.

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Mentioned

FitchorganizationMozambiqueplaceCredit Suisse Group AGorganizationTotal SAorganizationbond defaulttopicloantopicdebt repaymenttopic

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