(Reuters) - Moody's Investors Service on Monday raised Belize's government bond rating to Caa2 from Ca, citing better government liquidity after a debt restructuring.
"The upgrade balances an improvement in the government's liquidity position following a pre-emptive restructuring of its external commercial debt against a debt overhang that was not cured by the default and continues to impair Belize's credit solvency," Moody's said in a statement.
The outlook is stable. Standard &
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