Moody’s puts Bahamas on review for downgrade

Moody’s Investors Service has put the BAA2 bond and issuer ratings of the government of the Bahamas on review for downgrade.

The respected international credit rating agency said on Friday that the decision was prompted by the continuing rise in risks to the Bahamas’ medium-term economic prospects and its fiscal strength.

Read more: http://www.caribbean360.com/business/moodys-puts-bahamas-review-downgrade#ixzz4DXlcaNbK