Moody's upgrades Maldives' ratings to Caa1 from Caa2, maintains stable outlook
TLT•Moody's upgraded Maldives' ratings to Caa1 from Caa2 and maintained a stable outlook, citing a material reduction in the government's near-term default risk.
1. Ratings upgrade
Moody's upgraded Maldives' ratings to Caa1 from Caa2 and maintained a stable outlook. The agency said the upgrade reflects a material reduction in the government's near-term default risk.
