2026 credit rating agency actions

Timeline

1. 2 days ago

   [BUSINESS] 2 sources

   Mozambique rating held at CC as Angola fiscal data upgraded to B

   Fitch kept Mozambique’s sovereign rating at CC, warning of default risk and debt restructuring, while the IMF upgraded Angola’s fiscal data adequacy to B, citing better transparency.

2. 21 days ago

   [BUSINESS] 3 sources

   Moody's affirms Johannesburg rating and lifts South Africa outlook

   Moody's affirmed Johannesburg at Ba3 with a positive outlook and lifted South Africa’s sovereign outlook to positive; Fitch also upgraded South Africa to BB.

3. about 1 month ago

   [BUSINESS] 7 sources

   US credit rating affirmed at AA+ (long-term) and A-1+ (short-term) with stable outlook

   S&P reaffirmed the US sovereign rating at AA+ (long-term) and A‑1+ (short-term) with a stable outlook, noting debt near 100% of GDP and modest 2026‑27 growth forecasts.

4. about 1 month ago

   [BUSINESS] 2 sources

   Moody's shifts Gabon sovereign rating outlook to negative

   Moody's kept Gabon's rating at Caa2 but moved the outlook to negative, warning of debt and fiscal risks amid ongoing reforms.

5. about 1 month ago

   [BUSINESS] 2 sources

   Fitch Raises South Africa Sovereign Rating to BB, Lifts Eskom Credit Rating

   Fitch upgraded South Africa’s sovereign rating to BB and Eskom’s credit rating to B+, citing fiscal surpluses and improved financial management.

6. about 2 months ago

   [BUSINESS] 2 sources

   South Africa Leads African Economic Rankings with Top Performance Index and First Fitch Rating Upgrade

   South Africa led the 2026 African Performance Index and earned its first Fitch rating upgrade in 21 years, while Nigeria overtook Morocco as Africa’s second‑largest stock market and central banks split on rate‑

7. about 2 months ago

   [BUSINESS] 4 sources

   Fitch upgrades South Africa's sovereign rating to BB, first hike in 21 years

   Fitch raised South Africa’s sovereign rating from BB‑ to BB on 5 June 2026, its first upgrade in 21 years, citing fiscal surpluses, a mostly local‑currency debt profile and disciplined monetary policy, though a

8. about 2 months ago

   [BUSINESS] 3 sources

   Mali's credit outlook turns negative as Moody's downgrades rating; France rating held by S&P

   Moody's placed a negative outlook on Mali’s Caa2 rating amid security and fiscal strains, while S&P kept France’s A+ rating stable, citing disciplined budgeting and modest growth.

9. about 2 months ago

   [BUSINESS] 2 sources

   South Africa's sovereign rating affirmed by S&P Global with positive outlook

   S&P Global affirmed South Africa's BB/BB+ sovereign rating, kept a positive outlook, forecast 1.2% GDP growth in 2026, fiscal surplus in 2025 and debt‑to‑GDP reduction through 2029.

10. 2 months ago

    [BUSINESS] 3 sources

    South Africa's Sovereign Credit Outlook Raised to Positive by Moody's

    Moody's upgraded South Africa's sovereign credit outlook to positive, kept Ba2 rating, citing a larger primary surplus and fiscal reforms while warning of oil‑price and growth risks.

11. 2 months ago

    [BUSINESS] 2 sources

    Asian Reinsurance posts $6.7 M profit and gains AM Best rating affirmation

    Asian Reinsurance posted a $6.7 M 2025 profit, 91.4% combined ratio and 372% solvency ratio, while AM Best affirmed its B++ financial strength and assigned an aa+ Thailand rating.

12. 2 months ago

    [BUSINESS] 2 sources

    MS Reinsurance posts $415 M profit for 2025, improves combined ratio

    MS Reinsurance posted $415 M profit for 2025, raised premiums, and earned upgraded A+ ratings.

13. 2 months ago

    [BUSINESS] 5 sources

    Nigeria's Sovereign Credit Rating Upgraded to ‘B’ by S&P

    S&P lifts Nigeria's sovereign rating to 'B' with stable outlook, citing reforms, higher oil output and stronger external balances.

14. 2 months ago

    [BUSINESS] 2 sources

    AM Best upgrades MS Reinsurance to AA and affirms Jacana Re rating

    AM Best upgrades MS Reinsurance to AA and reaffirms Jacana Re’s A‑grade ratings.

15. 3 months ago

    [BUSINESS] 3 sources

    Fitch upgrades CEC Bank rating to BBB+ amid consolidation gains

    Fitch lifts CEC Bank’s rating to BB+ (BBB‑ for deposits), citing successful consolidation and stronger financing role.

16. 3 months ago

    [BUSINESS] 2 sources

    Southern Gas Corridor receives Baa3 rating from Moody's

    Moody's gives Azerbaijan's Southern Gas Corridor a Baa3 rating and top CIS BCA, reflecting state backing and strategic gas projects.

17. 3 months ago

    [BUSINESS] 6 sources

    Argentina rating upgraded to B‑ by Fitch as Milei reforms boost economy

    Fitch lifts Argentina’s sovereign rating to B‑, citing Milei’s reforms, stronger fiscal balance and a record trade surplus.

18. 3 months ago

    [BUSINESS] 14 sources

    Vietnam's sovereign credit outlook upgraded to Positive by Moody's

    Moody's raises Vietnam's credit outlook to Positive, keeping its Ba2 rating and citing reforms, growth and low debt.

19. 3 months ago

    [BUSINESS] 2 sources

    Moody’s shifts metals and mining outlook to stable; Guatemala rating kept at Ba1

    Moody’s shifts metals/mining outlook to stable and keeps Guatemala at Ba1 with a stable outlook.

20. 3 months ago

    [BUSINESS] 2 sources

    Fitch affirms BBB rating for Golub Capital BDC with stable outlook and Q2 2026 results due in May

    Fitch affirms Golub Capital BDC BBB rating with a stable outlook; Q2 2026 results due in May, centered on US middle-market lending.

21. 3 months ago

    [BUSINESS] 2 sources

    AM Best Maintains A (Excellent) FSR and 'a' ICR for Wawanesa Mutual and Wawanesa Life

    AM Best affirms A (Excellent) FSR and 'a' ICR for Wawanesa Mutual and Wawanesa Life.

22. 3 months ago

    [BUSINESS] 2 sources

    AM Best Upgrades SiriusPoint Financial Strength and Credit Ratings

    AM Best upgrades SiriusPoint’s Financial Strength Rating to A and lifts long-term credit ratings for its subsidiaries, including a BBB upgrade for the parent.