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Subscriber OnlyMarketsAngola Eurobonds Surge as Moody’s Lifts Ratings For First TimeMoody’s upgrades long-term credit rating to B3 from Caa1Ratings company cites higher oil prices, stronger governanceByCandido Mendes+FollowSeptember 14, 2021, 6:28 AM UTCUpdated onSeptember 14, 2021, 9:17 AM UTCSign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterAngola’s bonds surged after Moody’s Investors Service raised the country’s credit rating for the first time, citing improved governance and debt metrics.
