Fitch Affirms Ghana's Long-Term Instruments Rating at 'B-'

Fitch Ratings has affirmed Ghana's long-term instruments at 'B-' and assigned a Recovery Rating of 'RR4', indicating an average recovery prospect in a default scenario.

23 Mar, 01:16 — 23 Mar, 01:16

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myjoyonlineMixed3h ago

Fitch affirms Ghana’s LT Instruments at ‘B-‘; assigns recovery rating of ‘RR4’

Fitch assumed an average recovery prospect in a default scenario, given the lack of clearly identifiable recovery drivers for this sovereign. The instruments have a Recovery Rating of 'RR4'.

By Charles Nixon

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Fitch Affirms Ghana's Long-Term Instruments Rating at 'B-'

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Fitch affirms Ghana’s LT Instruments at ‘B-‘; assigns recovery rating of ‘RR4’

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