Bloomberg News

China’s Dagong Cuts Portugal Credit Rating to ‘BB+’ From ’BBB+’

November 24, 2011

Nov. 24 (Bloomberg) -- China’s Dagong Global Credit Rating Co. downgraded Portugal’s local and foreign currency sovereign credit rating to “BB+” with negative outlook from the previous “BBB+”, according to an e-mailed statement from Dagong today.

To contact the editor responsible for this story: Gregory Turk at gturk2@bloomberg.net


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