Moody's eyes Ivory Coast for trim

Moody’s Investors Service said it placed the government of Ivory Coast’s Ba3 foreign and local currency long-term issuer and foreign-currency senior unsecured ratings on review for downgrade.

The decision to review the ratings for downgrade reflects Moody’s assessment the country’s participation in the G20 Debt Service Suspension Initiative (DSSI) raises the risk that private-sector creditors will incur losses, Moody’s said.

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