NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases a report which examines the impact of the coronavirus (COVID-19) pandemic on sovereign credit ratings. The report discusses how sovereigns find themselves at the eye of every storm thanks to the critical role they play in managing crises through the use of their balance sheets and the negative impacts on fiscal revenues and borrowing costs. Beyond the immediate short-term risks in crisis management, the longer-term consequences on their credit profiles will be closely linked to future economic vibrancy and debt sustainability.
Click here to view the report.
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About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe Limited is located at 6-8 College Green, Dublin 2, Ireland.
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Joan Feldbaum-Vidra, Managing Director
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Bill Cox, Global Head of Corporate, Financial, and Government Ratings
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wcox@kbra.com
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