Moody's downgrades Land Bank's ratings to Caa1, outlook negative
Rating Action: Moody's downgrades Land Bank's ratings to Caa1, outlook negative. Global Credit Research- 24 Nov 2020. Limassol, November 24, 2020-- Moody's Investors Service has today downgraded Land and Agricultural Development Bank's corporate family rating and long-term issuer ratings to Caa1 from B3, and its long-term national scale issuer rating to B2.za from Ba2.za.
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