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Benin Credit Ratings

Benin
Moody'sS&PFitchDBRSScope Ratings
RatingOutlookRatingOutlookRatingOutlookRatingOutlookRatingOutlook
B1StableB+StableB+StableNR-NR-

Credit Rating History

Rating Agency
Date
Previous Rating
Previous Outlook
New Rating
New Outlook
Fitch
Oct 29, 2021BPositiveB+Stable
Moody's
Mar 9, 2021B2PositiveB1Stable
Fitch
Feb 11, 2021BStableBPositive
Fitch
Apr 9, 2020BPositiveBStable
Moody's
Jun 18, 2019B2Positive
Fitch
Mar 8, 2019N/ABPositive
S&P
Jul 5, 2018N/AB+Stable
S&P
Nov 1, 2013BStableN/A
S&P
Feb 20, 2012BStable
Fitch
Jan 25, 2012BStableN/A
Fitch
Sep 15, 2004BStable

Table Key

Grade
Moody'sS&PFitchDBRSScope Ratings
Prime
AaaAAAAAAAAAAAA
High Grade
Aa1AA+AA+AA (high)AA+
Aa2AAAAAAAA
Aa3AA-AA-AA (low)AA-
Upper Medium Grade
A1A+A+A (high)A+
A2AAAA
A3A-A-A (low)A-
Lower Medium Grade
Baa1BBB+BBB+BBB (high)BBB+
Baa2BBBBBBBBBBBB
Baa3BBB-BBB-BBB (low)BBB-
Non-investment Grade Speculative
Ba1BB+BB+BB (high)BB+
Ba2BBBBBBBB
Ba3BB-BB-BB (low)BB-
Highly Speculative
B1B+B+B (high)B+
B2BBBB
B3B-B-B (low)B-
Substantial Risks
Caa1CCC+CCC+CCC
Caa2CCCCCCCCCCCC
Caa3CCC-CCC-CCC
Extremely Speculative
CaCCCCCCCCC
CCCCC
In Default with Little Prospect for Recovery
CDRDRD
In Default
SDSD
CDDDD
DDDD
DDDDDD
Not Rated
NRNRNRNRNR

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