Bahamas cut by S&P after Baha Mar bankrupcty

Bahamas cut by S&P after Baha Mar bankrupcty

Caribbean Bahamas Corporate & Sovereign Strategy

Standard & Poor’s has downgraded the Bahamas a notch to BBB-, a result of a weakening economy and short-term shocks brought on the bankruptcy filing by of local resort Baha Mar.The Caribbean country’s public debt has risen at the same time as hou

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