Egypt's comeback bond should pave way for future dealsRobust global demand for Egypt's first bond in five years could prompt it to revisit the debt markets as early as this year, as the Arab world's most populous nation re-establishes itself in the international capital markets. More… |
Moody's downgrades Egypt ratingsMoody's Investors Service has downgraded Egypt's government bond ratings by one notch to B1 from Ba3 with a negative outlook. The rating action was prompted by the country's ongoing economic weakness and inancial deterioration More… |