Bahamas Suffers S&P Chop
Dec 24, 2009
S&P has downgraded The Bahamas to BBB+ (stable) from A minus to reflect a weakened fiscal profile. "Its debt and deficits have increased, and the composition of its debt has weakened somewhat,” says S&P analyst Lisa Schineller. “In addition, following three years of economic contraction, The Bahamas'...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.