Moody's may raise Sri Lanka's credit rating
SRI
(Corrects paragraph 3 to say the government "offered" instead of "issued") By Rodrigo Campos and Aatrayee Chatterjee :Moody's may raise Sri Lanka's 'Ca' long-term foreign currency rating, the credit ratings agency said on Wednesday, following the government's bond-exchange offer aimed at completing the restructuring of international bonds. The bond swap, launched on Tuesday, is an important part of the island nation's ongoing $12.55 billion debt restructuring and efforts to stabilize the
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