Mozambique foreign currency rating lowered to ‘CCC’; outlook negative; local currency rating remains at ‘SD’
Overview In our view, the likelihood of Mozambique restructuring its sole outstanding Eurobond, maturing in 2031, is rising amid acute fiscal and foreign exchange liquidity pressures. The outcome of a potential IMF debt sustainability analysis will be a key factor in determining whether Mozambique will need to restructure its Eurobond before amortization payments begin in… Source
Black News 
Overview In our view, the likelihood of Mozambique restructuring its sole outstanding Eurobond, maturing in 2031, is rising amid acute fiscal and foreign exchange liquidity pressures. The outcome of a potential IMF debt sustainability analysis will be a key factor in determining whether Mozambique will need to restructure its Eurobond before amortization payments begin in…
