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...Bahrain is rated BB- by S&P and BB+ by Fitch, both with a negative outlook. BNP Paribas, Citigroup, Gulf International Bank, JP Morgan and National Bank of Bahrain acted as bookrunners....
...S&P cut Brazil’s rating to BB from BB+, as it warned that the country remains at risk of further erosion of its creditworthiness....
...The move by S&P to reduce the BBB- rating to BB+ comes as delegations from the International Monetary Fund and World Bank visit Baku to discuss support for the economy, including possible loans worth about...
...However, problem borrowers are so far concentrated in the oil and gas and metals and mining industries....
...The move by S&P to reduce Azerbaijan’s BBB- rating to BB+ comes as delegations from the International Monetary Fund and World Bank visit Baku to discuss support for the economy, including possible loans...
...Meanwhile, the news S&P was pushing Brazil’s rating deeper into junk territory as it cut Brazil’s rating to BB from BB+, marked the second time it had reduced rates in five months....
...Related reading: CEZ to delay nuclear contract in Czech political crisis, beyondbrics Nuclear friction within the Czech government, bb Czech nuclear tender dispute: Areva wins some breathing space, bb...
...Preceding AmTech (now Gleacher & Co.), Mr Schreiner was co-founder/portfolio manager at MS Capital Management, LLC, a Phoenix-based hedge fund....
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