Tanzania seeks credit ratings

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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



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