Rating Action:
Moody's changes outlook on Egypt's rating to positive, affirms B3 rating
28 Aug 2018
New York, August 28, 2018 -- Moody's Investors Service ("Moody's") has changed the outlook on the Government of Egypt's long-term issuer ratings to positive from stable and has affirmed the B3 issuer ratings.
At the same time, Moody's has affirmed Egypt's senior unsecured ratings at B3, and its senior unsecured MTN program rating at (P)B3.