Tanzania seeks credit ratingsComment on this story
London - Tanzania aims to secure a rating from Fitch and Moody's Investor Services in next three months ahead of its debut Eurobond which the east African country expects to launch in the 2014/15 financial year, the finance minister told Reuters on Monday.
“We have a time frame (for the rating) of the next three months,” Finance Minister Saada Salum told Reuters on the sidelines of a Tanzania investment forum.
“We want to do the Eurobond in the next financial year.”
Tanzania has previously said the Eurobond could be worth up to $1 billion. - Reuters