KM Financial Solutions | UPDATE 1-S&P cuts Oman rating deeper into junk, trims Bahrain’s outlook
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UPDATE 1-S&P cuts Oman rating deeper into junk, trims Bahrain’s outlook

UPDATE 1-S&P cuts Oman rating deeper into junk, trims Bahrain’s outlook

Rating agency S&P has lowered
crude producer Oman’s sovereign ratings deeper into junk
territory, citing external challenges, and changed the outlook
for Bahrain’s ratings to stable from positive due to the
country’s dependence on oil revenue.

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