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BRIEF-‍Moody's says Republic of Congo's credit profile reflects high default risks for private creditors​
October 16, 2017 / 8:26 AM / 2 months ago

BRIEF-‍Moody's says Republic of Congo's credit profile reflects high default risks for private creditors​

Oct 16 (Reuters) - Moody’s on Republic of Congo -

* Says Republic of Congo’s credit profile reflects high default risks for private creditors​

* Says oil price shock has had significant negative impact on Republic of Congo’s sovereign credit profile, given its strong reliance on oil‍​

* Negative outlook reflects heightened risk private sector creditors could incur greater losses than Moody's rating expects Source text: bit.ly/2gbH6F1

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