BRIEF-Moody's Ratings Changes Outlook On Bahrain To Negative From Stable Affirms B2 Ratings
BY Reuters | CORPORATE | 04:44 PM EDTApril 17 (Reuters) -
* MOODY'S RATINGS CHANGES OUTLOOK ON BAHRAIN TO NEGATIVE FROM STABLE; AFFIRMS B2 RATINGS
* MOODY'S: NEGATIVE OUTLOOK REFLECTS ASSESSMENT THAT MIDDLE EAST CONFLICT WILL AGGRAVATE PERSISTENT DETERIORATION IN BAHRAIN'S UNDERLYING CREDIT METRICS
* MOODY'S - DISRUPTION OF MARITIME SHIPPING VIA STRAIT OF HORMUZ & AIR TRAVEL AROUND GULF IS AFFECTING BAHRAIN'S HYDROCARBON & ALUMINIUM EXPORTS
* MOODY'S: EVEN IN SCENARIO WHERE IRAN CEASEFIRE WERE TO BE SUSTAINED, WILL TAKE SOME TIME FOR TRADE FLOWS THROUGH STRAIT OF HORMUZ TO RETURN TO NORMAL
* MOODY'S ON BAHRAIN: EVEN IN SCENARIO WHERE IRAN CEASEFIRE WERE TO BE SUSTAINED, WILL TAKE SOME TIME FOR AIR TRAVEL RESUMPTION TO RETURN TO NORMAL
* MOODY'S ON BAHRAIN- EXPECTED PERSISTENTLY WIDE FISCAL DEFICITS & CONTINUED RISE IN GOVERNMENT'S DEBT BURDEN FROM ALREADY ELEVATED LEVELS
* MOODY'S: BAHRAIN'S EXTERNAL ACCOUNTS WILL FACE RENEWED PRESSURE FROM DISRUPTION TO SHIPPING AND AIR TRAVEL Source text: Further company coverage: [ ]
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