Tag Archives: Downgrading

How the ratings downgrade affects your debt: a legal perspective

[Featured image sourced from BusinessTech] As of today, 07 April 2017, both Standard and Poor’s (S&P) and Fitch, two of the three international ratings agencies alongside Moody’s, have downgraded South Africa’s credit rating to sub-investment grade, or “junk status”. There has been a lot of discussion about how this could affect the exchange rate, international investment, […]